Smart Energy Forum Showcases Optimising Vietnam Power

3:23:28 PM | 29/8/2019

The energy landscape is in a transition towards more flexible and sustainable energy systems and Vietnam is looking to shift its energy mix away from fossil fuels to meet its increasing demand and ensure energy security.

The technology group Wärtsilä, along with the Embassy of Finland and support of the Ministry of Industry and Trade of Vietnam, organized the first Smart Energy Forum (SEF) in Vietnam on 29 August on the theme “Optimizing Vietnam power generationmix with flexible solutions”.

Authority of Vietnam and EVN.“Vietnam is one of the fastest growing economies in the world and is expected to see a good growth in power demand in the coming years. It requires proportionate addition in the generation capacity. It is also blessed with very high potential of renewable energy. We believe that now is the time for Vietnam to aim for and place itself on a trajectory that would take it towards a 100% renewables future.” said Jaakko Eskola, President and CEO, Wärtsilä Corporation.

Wärtsilä’s energy experts highlighted the use of modern modelling tools that help in planning for and optimising the generation mix of the future. This approach will ensure that the renewable energy potential of Vietnam is fully tapped and balanced with flexible generation, resulting in affordable, clean and reliable energy for all its citizens.“The global energy landscape is in transition towards more flexible and sustainable energy systems. Vietnam will benefit immensely by planning for a high-renewables future. Wärtsilä is leading the transition as the Energy System Integrator – we understand, design, build and serve optimal power systems for future generations. Our solutions, based on Engines and Energy storage will provide the needed flexibility to integrate renewables and secure reliability.” said Mr. Marco Wiren, Executive Vice President & President of Energy Business. Smart Energy Forum (SEF) brings together executive decision makers with senior energy professionals from the industry and academia. During the forum, participants share best practises and experiences about the changing power markets.

Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2018, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.

Wärtsilä Energy Business is leading the transition towards a 100% renewable energy future. As an Energy System Integrator, we understand, design, build and serve optimal power systems for future generations. Wärtsilä’s solutions provide the needed flexibility to integrate renewables and secure power system reliability. Our offering comprises engine-based flexible power plants – including liquid gas systems – hybrid solar power plants, and energy storage and integration solutions. We support our customers over the lifecycle or their installations with services that enable increased efficiency and guaranteed performance. Wärtsilä has 70 GW of installed power plant capacity in 177 countries around the world.

Nguyen Mai