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| (Courtesy CIA.gov) |
Geothermal energy in Vietnam has great potential. Research shows that there are more than 200 sources of hot water at temperatures of 40-100 degrees centigrade that can provide this Southeast Asian country the necessary basis for developing prospective geothermal energy projects. However the geothermal energy industry of Vietnam is still under-developed, and mostly remains at the research stage.
Ormat has applied for a license to build five geothermal energy plants in Le Thuy (Quang Binh), Mo Duc, Nghia Thang (Quang Ngai), Hoi Van (Binh Dinh), and Tu Bong (Khanh Hoa) with a proposed capacity of 150-200 MW. In April 2012, it was reported that Vietnam Geothermal energy Corp. has chosen Ormat as the main technical partner for two projects in Mo Duck and Tu Nghia district, Quang Ngai province with a designed capacity of 18.7 MW each.
In 2013, Quang Tri Province granted investment a certificate and construction permit for a geothermal energy plant with a capacity of 25 MW at Dakrong and according to press, the project’s price tag has been stated as US$46.3 million. This will be the first geothermal energy plant project and a stepping stone for future development of geothermal energy projects in Vietnam.
