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PostPosted: Nov 10, 2016 9:30 am 
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Vietnam ditches nuclear power plans

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Vietnam's ruling communist party decided Thursday that two planned plants in the southern region of Ninh Thuan will not feature in the country's future energy mix, state-controlled media reported. MP Duong Quang Thanh, chairman of the Electricity Committee in the National Assembly, confirmed that no budget for the plants - which were approved in 2008 with a combined capacity of 4,000 megawatts (MW) - had been included in a long-term energy plan approved by Prime Minister Nguyen Xuan Phuc, the DTI news website reported. Le Hong Tinh, vice chairman of the National Assembly's Science, Technology and Environment Committee, said a key reason for the government's decision was that the price for the plants had doubled to $18 billion (about 16.5 billion euros).


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PostPosted: Nov 10, 2016 12:10 pm 
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I would like to add a couple of thoughts but I'd rather first know, Kirk, your views on the message of this cancellation of nuclear in Vietnam. Is it further evidence that LWR technology is too expensive and new technology such as LFTR is further justified in a higher priority at higher levels?

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PostPosted: Nov 12, 2016 1:38 am 
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Kirk Sorensen wrote:
Vietnam ditches nuclear power plans

Quote:
Vietnam's ruling communist party decided Thursday that two planned plants in the southern region of Ninh Thuan will not feature in the country's future energy mix, state-controlled media reported. MP Duong Quang Thanh, chairman of the Electricity Committee in the National Assembly, confirmed that no budget for the plants - which were approved in 2008 with a combined capacity of 4,000 megawatts (MW) - had been included in a long-term energy plan approved by Prime Minister Nguyen Xuan Phuc, the DTI news website reported. Le Hong Tinh, vice chairman of the National Assembly's Science, Technology and Environment Committee, said a key reason for the government's decision was that the price for the plants had doubled to $18 billion (about 16.5 billion euros).

As far as economy is concerned, they would be better off buying power from neighbouring China.


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