The Vietnamese Government has inaugurated the 1.2 GW Thái Bình 2 coal-fired thermal power plant, located in Mý Lộc, northern Vietnam. The Thái Bình 2 thermal power plant, operated by PetroVietnam, consists in two 600 MW supercritical coal-fired units and is expected to supply 7.2 TWh/year to the Vietnamese grid.
The plant is located next to the Thái Bình 1 thermal power plant, comprised of two 300 MW subcritical anthracite units, commissioned in 2017 and 2018. Another thermal plant project, Thái Bình 3 (440 MW), was planned but is currently frozen.
As of end 2021, coal-fired generation represented 30% of Vietnam’s installed capacity with 23.4 GW and 46% of its power generation with 114 TWh. The country has said that no new coal-fired power capacity would be installed from 2030 onwards and that old existing plants should be converted to burning biomass and ammonia by 2050 (the year of Vietnam’s expected coal phase-out).
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