After the success of last year’s event, the third edition of Vietnam Wind Power conference is coming back again this 8 – 10 June in Hanoi, Vietnam. In 2019, the event attracted more than 400 international and local delegates and featured 56 industry and government speakers. This year, the Global Wind Energy Council (GWEC) together with GIZ and the Danish Embassy in Hanoi are proud to organise this official industry event once again to accelerate Vietnam’s energy transition.
The nations of South East Asia continue to press for economic growth, and energy demand will increase with economic and population growth. A growing urban middle class is driving residential and service-sector electricity demand. The region is still highly reliant on fossil fuels, with demand outstripping production.
In 2019, new wind energy installations in Thailand reached 322 MW, bringing the total wind power capacity to 1,532 MW in the country – half of the 3 GW target set by the government for 2037. Moving forward, wind development is entering a hibernation phase with the expiry of previous subsidy schemes and no new incentives in sight. Nevertheless, the outlook for Thailand’s wind market still is undoubtedly one of the strongest in the region, and it is sure to come back stronger from 2022 onwards.
Two weeks ago, GWEC’s South East Asia Task Force held a meeting in Bangkok to review in the work we have done over the past few months to open up new opportunities for wind energy in Vietnam and Thailand.
Thailand has been a focus market for the Task Force since its inception in June 2019.At that moment, we were in a dark side on what result would be for the Power Development Plan (PDP) revision in Thailand, which has been our focal point for the Task Force’s activities in the country. This work was culminated in the first high-level roundtable session between the wind industry and Thai government.
As China is the world leader in new onshore and offshore wind power installations, there have been rising concerns in over the impact of COVID-19 on the Chinese and global wind industry. This update has been jointly prepared by the Global Wind Energy Council (GWEC) and the Chinese Wind Energy Association (CWEA) based on consultation with their industry members and their own market intelligence.
GWEC Market Intelligence invites you to share your insights on the wind industry and to tell us what the market size for new installations for 2019 will be (onshore and offshore).
Among the submissions closest to the actual market size, GWEC will draw a lucky partcipant to win their very own LEGO wind turbine!
Within a short period of time, Taiwan has emerged as a leading offshore wind market in East Asia due to its ideal conditions for wind energy and the government’s commitment to developing the industry.
In January 2018, the offshore wind energy target was increased to 5.5GW by 2025, and Taiwan continues to ride the wave of its offshore success by increasing their commitment yet again to add a further 10GW of offshore wind capacity off the Asian island between 2026 and 2035.
After Taiwan’s President Tsai Ing-wen’s re-election on Saturday 11 January, we are more confident than ever that Taiwan will continue to be a leader in the energy transition, both in Asia and globally. Three years ago, Taiwan started to transform its energy policies under a clear vision for a clean energy future from the DPP government which has powered the impressive offshore wind growth we have seen in the region and contributed to stronger energy security. With the continuation of the DPP government in office, along with their commitment to offshore wind as shown with the updated offshore target of an additional 10 GW between 2026-2036 announced in November 2019, it is clear that Taiwan will continue rapidly down the path of their clean energy future.
If you are not convinced that Taiwan is the most attractive offshore wind market in Asia, here are four main reasons why.