Wave and Wind Energy Systems Integration in Vietnam: Analysis of Energy Potential and Economic Feasibility

Abstract

Vietnam energy demand is currently growing at a very high annual rate, with the government being very interested in investments in renewable energies. Since the region with the highest solar and wind potential is far away from the big load centers, an investigation of offshore energy resources is here proposed. In this study, a review of previous energy potential assessments is provided. Moreover, the minimum feed-in-tariff to make the investments profitable is evaluated, showing that the current tariff for offshore wind plants is largely unattractive.