Vietnam plans to resume nuclear power development

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HANOI: Vietnam’s industry minister told the National Assembly that the development of nuclear power is an “inevitable trend” in the world, noting that authorities may consider resuming a plan to build nuclear power plants after suspension of the program six years ago.

The Southeast Asian country, a regional manufacturing hub, suspended a plan to build its first two nuclear power plants in 2016 following the Fukushima disaster in Japan and due to budget constraints.

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“The development of nuclear power is an inevitable trend in the world,” Minister of Industry and Commerce Nguyen Hong Dien told the National Assembly on Monday, according to a statement posted on the government’s website.

The proposed nuclear power plants, with a combined capacity of 4,000 megawatts, were to be built by Russia’s Rosatom and Japan Atomic Power Co. in central Ninh Thuan province under the previous plan.

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Dien promised that Vietnam would boost the development of renewable energy following a commitment made in November last year to become carbon neutral by 2050, but stressed this week that he still needed a “source stable energy”.

“We cannot develop more coal-fired power plants, while the country’s hydroelectric potential has been fully exploited,” Dien said.

Vietnam wants to nearly double its total installed power generation capacity to 146,000 megawatts by 2030, according to the latest draft of its power development master plan, which is still being fine-tuned to reflect its neutrality pledge. carbon.

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Dien said plans to develop the country’s first nuclear power plants were “suspended, not completely cancelled”, according to the government statement.

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