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Vietnam set to restart nuclear power project, with Russia’s help


Vietnam poised to resume nuclear project a decade after Fukushima, Free Malaysia Today Nikkei -December 19, 2021 –HANOI
: Vietnam says it will proceed with a project to build a 10-megawatt nuclear research reactor with Russian help, a move seen as a new step toward reviving plans to build nuclear power plants a decade after the Fukushima disaster.

Vietnamese President Nguyen Xuan Phuc was escorted by Vietnamese nuclear experts when he visited Moscow for four days starting Nov 29………..

Unlike in democratic countries, where there is criticism of nuclear power programmes and public opinion tends to be divided, such criticism cannot easily surface in Vietnam with its single-party political system, making it possible to resume the nuclear programme……………………..

Political and nuclear energy experts in Vietnam agree that if Hanoi resumes the plan for using nuclear power, Russia could be an initial partner in the projects.https://www.freemalaysiatoday.com/category/world/2021/12/19/vietnam-poised-to-resume-nuclear-project-a-decade-after-fukushima/

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December 20, 2021 Posted by | politics, politics international, Vietnam | Leave a comment

277,700 Vietnamese support “Appeal of the Hibakusha ” – call to eliminate nuclear weapons

April 7, 2020 Posted by | opposition to nuclear, Vietnam, weapons and war | Leave a comment

Vietnam government abandons costly nuclear power plans

Reuters 22nd Nov 2018 , Vietnam’s National Assembly voted on Tuesday to abandon plans to build
two multi-billion-dollar nuclear power plants with Russia and Japan, after
officials cited lower demand forecasts, rising costs and safety concerns.

The estimated investment needed for the projects had doubled since 2009 to
nearly 400 trillion dong ($18 billion), state media Tien Phong quoted Le
Hong Tinh, vice chairman of the National Assembly’s science, technology
and environment commission, as saying earlier this month.
https://www.reuters.com/article/us-vietnam-politics-nuclearpower-idUSKBN13H0VO

November 25, 2018 Posted by | politics, Vietnam | Leave a comment

Nuclear marketing agreement between Russia and Vietnam, (but Vietnam turning away from nuclear)

Russia signs MOU for Vietnam nuclear research centre,WNN, 04 July 2017 A memorandum of understanding (MOU) has been signed by Russian state nuclear corporation Rosatom and Vietnam’s Ministry of Science and Technology on the construction of a nuclear science and technology centre in Vietnam. An inter-governmental agreement to build the centre was signed between Russia and Vietnam in 2011.

The MOU was signed in Moscow on 29 June by Rosatom director general Alexey Likhachov and Vietnam’s deputy minister of science and technology Tran Dai Thanh. The signing was witnessed by Russian President Vladimir Putin and the President of Vietnam Tea Dan Quang.

Vietnam and Russia intend to promote further cooperation in the construction of the nuclear science and technology centre, in particular to work out the next steps once the Vietnamese government approves the project’s pre-feasibility study. The MOU also provides for consultation on the terms and conditions for financing the project. In addition, the two sides will develop a plan for further cooperation in the development of Vietnam’s nuclear infrastructure.

The nuclear science and technology centre will be equipped with Russian-designed research reactors, a multipurpose cyclotron, as well as research laboratories, an engineering complex, equipment and infrastructure to ensure the safe operation of the centre. It will be used for training staff for Vietnam’s nuclear power program………

The Ninh Thuan 2 plant at Vinh Hai, on Cam Ranh Bay about 20 kilometres northeast of Phouc Dinh, was to be developed under a partnership with Japan.

However, last November Vietnam’s legislature endorsed the government’s decision to abandon plans to build the country’s first two nuclear power plants in favour of renewable energy and power imports amid lower crude oil and coal prices……http://www.world-nuclear-news.org/NN-Russia-signs-MOU-for-Vietnam-nuclear-research-centre-0407175.html

July 7, 2017 Posted by | marketing, politics, Vietnam | Leave a comment

Yet another marketing strategy by Russia: Vietnam

Rosatom to build Nuclear Technology Centre in Vietnam http://russianconstruction.com/news-1/28150-rosatom-to-build-nuclear-technology-centre-in-vietnam.html 29.06.2017 Rosatom State Atomic Energy Corporation and the Ministry of Science and Technology of Vietnam will create a Center of Nuclear Science and Technology in Vietnam, as it follows from documentation published on the Kremlin’s website.

“The Memorandum of understanding between Rosatom State Atomic Energy Corporation and the Ministry of Science and Technology of the Socialist Republic of Vietnam on a plan of the implementation of a project for construction Nuclear Science and Technologies Center in Vietnam”, the document reads.

The announcement came following a meeting of Russian President Vladimir Putin and President of Vietnam Tran Dai Quang.

July 1, 2017 Posted by | marketing, Russia, Vietnam | 1 Comment

Very dubious market for nuclear power in South East Asia

market-disappointedThe limited role for nuclear can be explained by the high upfront capital costs, limited access to financing, and uneven and tepid public support in the wake of the Fukushima Daiichi nuclear accident. Public opposition has been especially evident in Indonesia, Malaysia, Philippines and Thailand.”Kiriyenko--tsar

former Rosatom head Sergey Kirienko’s team has been excellent at drawing up and signing nonbinding nuclear agreements … Actually building nuclear plants seems to be beyond them.

Vietnam’s amazing nuclear journey – why it ended, what it means for South East Asia, Energy Post, November 29, 2016 by  On November 10, Vietnam took the historic decision to scrap its nuclear power program, after many decades of nuclear preparations, up to a ground-breaking ceremony at the first proposed nuclear site in the country in 2014. Jim Green, editor of Nuclear Monitor, published by WISE (World Information Service on Energy), tells the amazing story of nuclear power in Vietnam – and discusses what the Vietnamese decision means for the prospects of nuclear power in South East Asia. Courtesy of Nuclear Monitor.

Let’s first imagine how this story might have unfolded, if the nuclear industry had its way. Construction would be underway on Vietnam’s first nuclear power plant, and plans would be in train to build a total of 14 reactors by 2030. Russia would be building Vietnam’s first reactor, giving it a foothold in south-east Asia (where it has nuclear cooperation agreements with seven countries). Japan and South Korea would also be gearing up to build reactors in Vietnam, a fillip for their troubled domestic nuclear industries and their ambitions to become major nuclear exporters. US nuclear vendors would also be heavily involved, salivating at the US Department of Commerce’s estimate of US$50 billion (€47.4 bn) of contracts for nuclear plants in Vietnam by 2030.

It hasn’t unfolded like that. On November 22, Vietnam’s National Assembly voted in support of a government decision to cancel plans to build nuclear power plants. An immense amount of resources have been wasted on the nuclear program over several decades. Nuclear vendor countries will have to look elsewhere for business. They will continue to try their luck in southeast Asia but they are wasting their time: not a single power reactor is in operation or being built in the region and none will be built in the foreseeable future.

First, a brief history of Vietnam’s nuclear program:………

2016 cancellation

On November 10, Duong Quang Thanh, CEO of staterun Electricity of Vietnam, said the government would propose the cancellation of plans for reactors at the two Ninh Thuan sites to the National Assembly. He added that nuclear power was not included (or budgeted for) in the power plan which runs until 2030 and had already been approved by Prime Minister Nguyen Xuan Phuc.

The National Assembly voted on November 22 to support the government’s decision to abandon plans to build nuclear power plants. Energy analyst Mycle Schneider said: “Vietnam is only the latest in a long list of countries, including more recently Chile and Indonesia, that have postponed indefinitely or abandoned entirely their plans for nuclear new-build.”

The decision to abandon nuclear power was primarily based on economics. Duong Quang Thanh said nuclear power is “not economically viable because of other cheaper sources of power.”

Le Hong Tinh, vice-chair of the National Assembly Committee for Science, Technology and Environment, said the estimated cost of four reactors at the two sites in Ninh Thuan province had nearly doubled to VND400 trillion (US$18 bn; €17.9 bn). The estimated price of nuclear-generated electricity had increased from 4‒4.5 US cents / kwh to 8 cents / kwh. Vietnam has spent millions of dollars on the project so far, Tinh said, but continuing the program would add more pressure to the already high public debt.

Another media report states that Japanese and Russian consultants said that the cost has escalated from the original estimate of US$10 billion to US$27 billion (€9.5‒25.6 bn). “The plants will have to sell power at around 8.65 cents a kWh, which is almost twice the rate approved in the project license and is not competitive at all,” according to the VN Express newspaper.

Vietnam’s rising public debt, which is nearing the government’s ceiling of 65% of GDP, was another reason for the program’s cancellation, saidCao Si Kiem, a National Assembly member and former governor of the central bank………

A May 2016 report by WWF-Vietnam and Vietnam Sustainable Energy Alliance (VSEA) finds that 100% of Vietnam’s power can be generated by renewable energy technologies by 2050.  There are many available renewable power sources in Vietnam including solar, wind, geothermal heat, biomass and ocean energy. The report contrasts three scenarios: business as usual (with only modest growth of renewables), a Sustainable Energy Scenario (81% renewable power generation by 2050) and an Advanced Sustainable Energy Scenario (100%).

Nuclear power in South East Asia – or not

A 2015 International Energy Agency report anticipates that nuclear power will account for just 1% of electricity generation in south-east Asia by 2040.

The report states:  “All countries in Southeast Asia that are interested in deploying nuclear power face significant challenges. These include sourcing the necessary capital on favourable terms, creation of legal and regulatory frameworks, compliance with international norms and regulations, sourcing and training of skilled technical staff and regulators, and ensuring public support. … The limited role for nuclear can be explained by the high upfront capital costs, limited access to financing, and uneven and tepid public support in the wake of the Fukushima Daiichi nuclear accident. Public opposition has been especially evident in Indonesia, Malaysia, Philippines and Thailand.”

A June 2016 media article began: “Rosatom, Russia’s state nuclear-energy agency, is bullish on the outlook of its business in Southeast Asia after the speedy development of a project in Vietnam and a range of agreements with every country in the region except Singapore, the Philippines and Brunei.”

Nikolay Drozdov, director of Rosatom’s  international business department, said Rosatom is focusing a lot of attention on south-east Asia, reflected by the decision to establish a regional headquarters in Singapore.

Russia has nuclear cooperation agreements with seven countries in south-east Asia ‒ Vietnam, Indonesia, Malaysia, Thailand, Cambodia, Myanmar and Laos. But not one of those seven countries ‒ or any other country in south-east Asia ‒ has nuclear power plants (the only exception is the Bataan reactor in the Philippines, built but never operated) and not one is likely to in the foreseeable future. Nor are other nuclear vendors likely to succeed where Russia is failing.

Drozdov said that after the (stalled) nuclear power project in Vietnam, Indonesia and Malaysia would likely be the next countries in the region to develop nuclear power.2 But Indonesia’s situation is much the same as Vietnam’s  ‒ decades of wasted efforts with little to show for it (and the same could be said about Thailand).

Malaysia’s consideration of nuclear power is preliminary. Why would Russia be making such efforts in southeast Asia given that nuclear power prospects in the region are so dim? The answer may lie with domestic Russian politics. Given Rosatom’s astonishing industry in lining up non-binding nuclear agreements with over 20 countries ‒ ‘paper power plants’ as Vladimir Slivyak calls them ‒ we can only assume that such agreements are looked on favorably by the Russian government.

Slivyak writes: “These  ‘orders’ are not contracts specifying delivery dates, costs and a clear timescale for loan repayments (in most cases the money lent by Russia for power plant construction comes with a repayment date). Eighty to ninety per cent of these reported arrangements are agreements in principle that are vague on details, and in the overwhelming majority of cases the contracts aren’t worth the paper they’re printed on. … So it is clear that [former Rosatom head Sergey] Kirienko’s team has been excellent at drawing up and signing nonbinding nuclear agreements … Actually building nuclear plants seems to be beyond them.” http://energypost.eu/vietnam-dumps-nuclear-power-economic-reasons-rest-south-east-asia-may-follow/

November 30, 2016 Posted by | business and costs, Malaysia, marketing, Vietnam | Leave a comment

Vietnam’s legislature endorses scrapping of nuclear power plans

text-Noflag-vietnamVietnam Formally Scraps Plans for First Nuclear Power Plants http://www.voanews.com/a/vietnam-scraps-plans-for-nuclear-power-plants/3607042.html , 22 Nov 16 HANOI — Vietnam’s legislature on Tuesday endorsed the government’s decision to scrap plans to build the country’s first two nuclear power plants.

A statement from the government announcing the endorsement said cheaper renewable energy and power imports were available and that investment should be made in more urgent infrastructure needs.

The National Assembly in 2009 approved plans to build two nuclear power plants with combined capacity of 4,000 megawatts. Construction contracts had been awarded to companies from Russia and Japan.

Construction was initially scheduled to start in 2014 but was delayed several times.

State media have reported that the nuclear power plants were not economically viable because of cheaper sources of power and that the costs of the plants had doubled to $18 billion.

November 23, 2016 Posted by | politics, Vietnam | Leave a comment

Japan’s nuclear marketing disappointment: Vietnam to cancel reactor order

Buy-Japan's-nukes-2Japan’s nuclear export ambitions hit wall as Vietnam set to rip up reactor order Reiters,  By Aaron Sheldrick and Ho Binh Minh | TOKYO/HANOI, 17 Nov 16 

Vietnam is poised to abandon plans for Japanese firms to build a multi-billion dollar nuclear power plant, damaging Prime Minister Shinzo Abe’s drive to begin exporting reactors after the Fukushima disaster left the industry in deep-freeze at home.

The Japanese government said in a statement this week that it had been informed by Vietnamese Deputy Prime Minister Trinh Dinh Dung that Hanoi was close to a decision to cancel the project. Japan’s Minister of Economy, Trade and Industry, Hiroshige Seko, described the move as “very regrettable.”

Vietnam’s decision, attributed to lower demand forecasts and rising costs as well as safety concerns, also deals a broader blow to the global nuclear business. Countries from Germany to Indonesia have decided to either pull out of nuclear energy or cancel development plans in the wake of the Fukushima nuclear disaster in 2011, the world’s worst since Chernobyl in 1986.

“Vietnam is only the latest in a long list of countries, including more recently Chile and Indonesia, that have postponed indefinitely or abandoned entirely their plans for nuclear new-build,” said Mycle Schneider, a Paris-based energy analyst.

Though it has sought contracts for years, Japan has never led a nuclear project to completion overseas and Abe has lent his office’s prestige to attempts to win contracts, most recently in Turkey. The dented ambitions for exports come at a time when Japan is struggling to restart dozens of reactors shut down in the wake of Fukushima.

“This is a major blow to Japanese ambitions to, finally, export their first nuclear reactors,” said Schneider…….

DEMAND GROWTH EASING

Vietnam’s parliament is set next Tuesday to formally approve scrapping the Japanese deal, as well as the country’s first nuclear project, which was awarded to Russia’s Rosatom, according to state media. Rosatom said it would not comment until the Vietnam parliament formalized the decision.

The Japanese and Russian nuclear plants were supposed to have been located in central Ninh Thuan province…….. http://www.reuters.com/article/us-japan-vietnam-nuclearpower-idUSKBN13D0RK

November 19, 2016 Posted by | Japan, marketing, Vietnam | 1 Comment

Vietnam rejects nuclear power

Vietnam ditches nuclear power plans, DW, 10 Nov 16 

Vietnam has decided to scrap plans to build two nuclear power plants, which would have been the first in southeast Asia. Hydropower and coal are set to remain dominant in the fast-industrializing country. 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)…….. http://www.dw.com/en/vietnam-ditches-nuclear-power-plans/a-36338419

November 11, 2016 Posted by | politics, Vietnam | Leave a comment

Vietnam getting cold feet about the cost of nuclear power development

Vietnam looks to delay Japan-, Russia-backed nuclear plants amid funds crunch, Japan Times, 6 Nov 16 KYODO  Vietnam’s ruling Communist Party in October instructed government authorities to revise plans to build nuclear power plants with Russian and Japanese assistance with a view to delaying them due to the government’s tight finances, it was learned Sunday from party and government sources.

The government is now working on a comprehensive revision of the plan and intends to submit a report to the National Assembly, according to the sources.

According to one of the sources, a considerable investment at the present time is “extremely difficult” given the financial situation of the government…….

some members of the Communist Party’s new leadership selected at a party congress in January have expressed concern over nuclear power plant construction while public debt remains high as well as over the safety of nuclear power.

At the fourth plenum of the 12th Party Central Committee in October, agreement was reached to reconsider the plan with a view to its postponement……http://www.japantimes.co.jp/news/2016/11/07/business/vietnam-looks-delay-japan-russia-backed-nuclear-plants-amid-funds-crunch/#.WB_SydJ97Gg

November 6, 2016 Posted by | business and costs, politics, Vietnam | Leave a comment

Climate Change’s fearful threat to Vietnam’s Mekong Delta

WILL CLIMATE CHANGE SINK THE MEKONG DELTA?, Mongabay News,  3 October 2016 / David Brown

No delta region in the world is more threatened by climate change. Will Vietnam act in time to save it?

  • Scientists say the 1-meter sea level rise expected by century’s end will displace 3.5-5 million Mekong Delta residents. A 2-meter sea level rise could force three times that to higher ground.
  • Shifting rainfall and flooding patterns are also threatening one of the most highly productive agricultural environments in the world.
  • The onus is now on Vietnam’s government in Hanoi to approve a comprehensive adaptation and mitigation plan.
  • This is the first article of an in-depth, four-part series exploring threats facing the Mekong Delta and how they might be addressed. Read the second installment here.

    IIt’s a sad fact that several decades of talk about climate change have hardly anywhere yet led to serious efforts to adapt to phenomena that are virtually unavoidable. Neuroscientists say that’s because we’re humans. We aren’t wired to respond to large, complex, slow-moving threats. Our instinctive response is apathy, not action.

    That paradox was much on my mind during a recent visit back to Vietnam’s fabulously fertile Mekong Delta, a soggy plain the size of Switzerland. Here the livelihood of 20 percent of Vietnam’s 92 million people is gravely threatened by climate change and by a manmade catastrophe, the seemingly unstoppable damming of the upper reaches of the Mekong River.

    Samuel Johnson famously said that “nothing concentrates the mind so well as the prospect of imminent hanging.” It’s been nine years since a World Bank study singled out the Mekong Delta as one of the places on our planet that is most gravely threatened by sea level rise. There if anywhere, I imagined, I’d find a sense of urgency. I’d find adaptive measures well advanced.

    I was wrong. Vietnamese government ministries, provincial administrations, experts from Vietnamese universities and thinktanks, experts deployed by the World Bank, the Asian Development Bank and foreign governments: all have been pushing plans and policies. The problem has been to sort out the best ideas, make appropriate decisions and find the resources needed to implement them in a timely, coherent way.

    Things may be coming together at last, I concluded after talking with dozens of local officials, professors, journalists and farmers in mid-June. None denied the reality of the problem. Many connected the question of what to do about climate change to older arguments over the best ways to grow more and better crops………

  • No delta area, not the mouths of the Ganges, the Nile or the Mississippi, is more vulnerable than the Mekong estuary to the predictable impacts of climate change. The 1-meter sea level rise expected by the end of the 21st century, all else being equal, will displace 3.5-5 million people. If the sea instead rose by 2 meters, lacking effective countermeasures, some 75 percent of the Delta’s 18 million inhabitants would be forced to move to higher ground.

    Already, said Professor Ni, there’s been a significant decrease in rainfall in the first part of the annual rainy season, and more rain toward the end. The Mekong’s annual flood peak has fallen by a third since 2000. The waters from upstream carry less silt to replenish the Delta floodplain. Also, the volume of fresh water is falling while the sea level rises. This allows salt-laden tidal water to penetrate further and further into Delta estuaries and swampy coastal areas during the dry season.

    Modeling of current trends suggest that average temperatures in the Mekong Delta will rise by more than 3 degrees Celsius toward the end of the century. Annual rainfall will decrease during the first half of the century, and then rise well above the 20th century average. The area that’s flooded each autumn won’t change substantially, but the floods won’t last as long.

  • All things being equal, rice yields will plummet as temperatures rise. Lighter rains in the early months of the wet season will challenge farmers’ ingenuity. Rising seas and reduced river flows will severely test the system of sea dikes. Riverbanks and the Delta coast are already crumbling; this will accelerate. Farmers who are unable to cope will head north to seek industrial and construction jobs.

    That’s not all. At slide 70 (of 86) of the DRAGON presentation, attention shifts to upstream dam construction on Delta water regimes.For China, Laos and Thailand, the hydroelectric potential of the upper Mekong is a seemingly irresistable development opportunity. It may be that not all the dams they plan will be built across the Mekong mainstream. Whether a few or many, their impact on agriculture in Vietnam and Cambodia will be profoundly negative, Professor Ni, his colleagues at Can Tho University, and experts at other institutes in southern Vietnam have pounded the alarm gongs for years. The dam cascade is a nearer and more present danger, and apparently just as unstoppable as climate change.

    DRAGON Institute’s slideshow concludes with a call to action. The future is bleak but not hopelessly so if appropriate adaptation and mitigation strategies are launched. What the Delta needs is revealed: sustainable development based on a triply effective foundation of water source security, food security and social security. https://news.mongabay.com/2016/10/will-climate-change-sink-the-mekong-delta/

October 10, 2016 Posted by | climate change, Vietnam | Leave a comment

Russia paying for setting up nuclear power plant in Vietnam

nuclear-marketing-crapWork on Russian-assisted nuclear power plant in Vietnam to begin in 2023 https://rbth.com/news/2016/07/15/work-on-russian-assisted-nuclear-power-plant-in-vietnam-to-begin-in-2023_611821  TASS

The Ninh Thuan 1 plant will attain criticality by 2028. Construction of the first nuclear power plant in Vietnam with Russia’s participation will start on track in 2022-2023, Director General of the Vietnam Atomic Energy Agency Hoang Anh Tuan told Vietnamnet news portal on July 14.

“The schedule is still set for 2028,” Tuan said. Construction will begin in 2022 or 2023, he added.

Such a timeframe is indicated in the revised master plan of Vietnam’s energy sector development, the official said.

Russia’s Rosatom is acting as a partner in the Ninh Thuan 1 nuclear power plant in Vietnam.

July 16, 2016 Posted by | marketing, Russia, Vietnam | Leave a comment

USA wants to market nuclear power to Vietnam

nuclear-marketing-crapFlag-USAEnhancing U.S.-Vietnam Civil Nuclear Clean Energy Cooperation “…… Earlier this month, the United States and Vietnam signed the Administrative Arrangement under our historic agreement on the peaceful uses of nuclear energy (123 Agreement), which initially opened the door to nuclear trade between our two countries in 2014.

 To further build on this robust cooperation in the civil nuclear field, the United States and Vietnam aim to:

Build Institutional Connections: Continue reading

May 25, 2016 Posted by | marketing, USA, Vietnam | Leave a comment

Russia runs pro nuclear workshop in Vietnam

nuclear-marketing-crapWorkshop promotes nuclear power A workshop to enhance the understanding of nuclear power among people and media alike was held on May 19 in Hanoi. The event, part of activities of the “2016 Nuclear Science Day in Hanoi ,” was jointly organised by Russia ‘s State Nuclear Energy Corporation (ROSATOM), the Vietnam Atomic Energy Agency under the Ministry of Science and Technology, the Information Center on Nuclear Energy (ICONE) and the Hanoi University of Technology.

Speaking at the event, Andrey Stankevich from ROSATOM Vietnam attached significance to publicity work to promote the development of nuclear energy…….

Communication work is crucial to raise public awareness of the development of the nuclear sector and get people’s approval of nuclear power,  said Deputy Director of the Agency Nguyen Thi Thu Trang

According to the representative from ROSATOM Asia, the press and media need to be a reliable source of basic information on radiation, nuclear science and the safety of nuclear power plants.

They should also promote the benefits of the sector in terms of socio-economic development, health care, agriculture and industry.

Numerous activities will also take place during the “2016 Nuclear Science Day in Hanoi” programme, which runs until May 20, including a lecture by a professor from the Russia National Research Nuclear University (MEPhI) and an awards presentation for the recent Physics Olympiad winners. http://english.vietnamnet.vn/fms/science-it/156747/workshop-promotes-nuclear-power.html

May 21, 2016 Posted by | marketing, Russia, Vietnam | Leave a comment

Vietnam postpones construction of Russian -funded nuclear plant

Russian-BearVietnam delays first nuclear power plant until 2020 Thanh Nien NewsNINH THUAN – Tuesday, December 08, 2015 Vietnam will delay the construction of its first nuclear power plant until 2020 to further assess the project’s environmental effects, an official has said.

Hoang Anh Tuan, chief of the Ministry of Science and Technology’s Nuclear Atomic Energy Department, made the announcement during a conference last week, news website VnExpress reported.
He said relevant agencies were still assessing the environmental effects of the Ninh Thuan 1 Nuclear Power Plant, with the help of experts from the International Atomic Energy Agency (IAEA).
Vietnam originally planned to start working on the plant in 2014 with technical assistance from Russia’s state nuclear firm Rosatom. The country also picked a Japanese consortium to develop a second nuclear power plant, also in the province.

The estimated cost of the project is US$8-10 billion, with funding set to come from Russia…….http://www.thanhniennews.com/tech/vietnam-delays-first-nuclear-power-plant-until-2020-55653.html

December 9, 2015 Posted by | politics, Vietnam | Leave a comment