Preparation of Technology Adoption Plan by Next Year
Sequential Feasibility Review Followed by Demonstration 추진
Doosan Enerbility announced on the 25th that it has signed a Memorandum of Understanding (MOU) to promote eco-friendly fuel transition projects with three companies operating thermal power plants in Vietnam. The signing ceremony held on the 23rd in Hanoi was attended by Lee Chang-yang, Minister of Industry and Trade, Nguyen Chi Trung, Minister of Planning and Investment of Vietnam, and Jeong Yeon-in, President of Doosan Enerbility, along with other key officials.
Through this MOU, Doosan Enerbility will ▲ collaborate on eco-friendly fuel transition projects with NS2PC (a joint SPC of Korea Electric Power Corporation, Marubeni, and Tohoku Electric Power), the operator of the Nghi Son 2 power plant ▲ cooperate on ammonia co-firing projects with PV Power (a subsidiary of Vietnam Gas Corporation engaged in power generation) ▲ and promote the development of eco-friendly fuel transition technologies and business cooperation with EVN GENCO3 (a subsidiary of Vietnam Electricity responsible for power plant services).
First, by next year, they plan to derive plans for introducing eco-friendly fuel transition technologies, sequentially review the feasibility of pilot projects, and then select and promote demonstration projects.
At the signing ceremony of the Memorandum of Understanding (MOU) for promoting the eco-friendly fuel transition project held in Hanoi, Vietnam on the 23rd, attendees including Lee Chang-yang, Minister of Industry and Trade (eighth from the left), Nguyen Chi Trung, Minister of Planning and Investment of Vietnam (ninth from the left), Jung Yeon-in, President of Doosan Enerbility (seventh from the left), Park Hong-wook, Head of Power Service BG (fourth from the right), and Kim Jung-kwan, Head of Marketing Division (fifth from the left) are posing for a commemorative photo. [Photo by Doosan Enerbility]
Prior to the MOU signing ceremony, at the ‘Korea-Vietnam Business Forum’ attended by key government and corporate figures from both countries, Doosan Enerbility presented solutions for Vietnam’s net-zero achievement under the theme ‘Energy Cooperation in the Net-Zero Era,’ including ▲ wind power business capabilities ▲ hydrogen fuel transition of existing gas combined cycle power plants (utilizing hydrogen turbines) ▲ fuel transition of existing coal-fired power plants (utilizing ammonia co-firing, etc.).
President Jeong said, “Doosan has participated in numerous power generation projects in Vietnam and established a local production plant in 2007, contributing to the growth of Vietnam’s power industry and job creation. Since the Vietnamese government has declared carbon neutrality by 2050, we hope to join Vietnam’s meaningful journey through the eco-friendly solutions accumulated by Doosan.”
The Vietnamese government declared its goal to achieve carbon neutrality by 2050 at the 26th United Nations Climate Change Conference of the Parties held in Glasgow, UK, in November 2021. As of 2020, Vietnam’s total power generation capacity was approximately 69.3 GW, with a high dependence on thermal power including coal at 20.43 GW, gas at 7.09 GW, and oil at 1.93 GW. To achieve carbon neutrality, alongside expanding renewable energy, eco-friendly fuel transition technologies to reduce carbon emissions are required.
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