Vietnam will prioritise the development of renewables as the country’s government announces its ambition to invest around US$130 billion in new power plants and transmission networks over the next ten years.
The energy rulemaking body has soundly rejected loud calls from developers and investors to reform the controversial marginal loss factor regime, its system of calculating energy transmission and network losses.
A number of international initiatives have helped large-scale solar gain a foothold in Africa. The question now is how the market for this segment will develop beyond these programmes and how much capacity grids will be able to support.
The World Bank announced last week that its Board of Executive Directors approved the Second Energy Sector Project, which will help strengthen Mongolia’s electric grid and develop a 10MW installation within the country.
Holland’s national grid operator has said that batteries will be an “excellent alternative” to conventional power plants in providing balancing services, especially as a complement to increased solar and wind deployment.