The Son Tay solid waste treatment plant of Thang Long Environment Services JSC (Photo: hanoimoi.com.vn)HCM City (VNA) - Power generation from waste has a short break-even period andbenefits the environment and so is attractive to investors.
Dong Minh Toan, Chairman and CEO of Binh Phuoc Import ExportCompany, which operates a waste-to-energy plant, said: “With the highelectricity price, along with the fee for waste treatment, a waste-to-energyproject only needs around five years to break even whereas it takes 10 yearsfor solar and wind power plants.”
Waste-to-energy projects are an excellent investment inplaces where at least 500 tonnes of waste is generated per day and thetreatment price is over 21 USD per tonne. There are five or six cities in Vietnammeeting these requirements.
Ho Chi Minh City is Vietnam’sbiggest city and generates the largest volume of waste - 9,300 tonnes a day.
The city stipulates that waste-treatmentfacilities need to generate electricity from the waste besides certain otherconditions and pays 21 USD per tonne for treatment.
To further support this, it has fixed arate of 10.05 cent/KWh for the electricity generated from waste, higher thanfor solar and wind energy.
“We are ready to buy and connect our gridto waste-to-energy projects because all these projects are located in citiesand large towns, where we have already had our grid,” a spokesman for theVietnam Electricity (EVN) Group said.
Dong Minh Toan, Chairman and CEO of Binh Phuoc Import ExportCompany, which operates a waste-to-energy plant, said: “With the highelectricity price, along with the fee for waste treatment, a waste-to-energyproject only needs around five years to break even whereas it takes 10 yearsfor solar and wind power plants.”
Waste-to-energy projects are an excellent investment inplaces where at least 500 tonnes of waste is generated per day and thetreatment price is over 21 USD per tonne. There are five or six cities in Vietnammeeting these requirements.
Ho Chi Minh City is Vietnam’sbiggest city and generates the largest volume of waste - 9,300 tonnes a day.
The city stipulates that waste-treatmentfacilities need to generate electricity from the waste besides certain otherconditions and pays 21 USD per tonne for treatment.
To further support this, it has fixed arate of 10.05 cent/KWh for the electricity generated from waste, higher thanfor solar and wind energy.
“We are ready to buy and connect our gridto waste-to-energy projects because all these projects are located in citiesand large towns, where we have already had our grid,” a spokesman for theVietnam Electricity (EVN) Group said.
“Besides, waste-to-energy projects arereliable since they are not dependent on the weather.”
However, these projects usually involve strict technicalrequirements from authorities. Besides, mosttechnologies for generating energy from waste from the US, Europe and Japanrequire waste classification, something that is not yet done in Vietnam.
“This means enterprises need to invest alsoin waste classification systems,” an investor said.
EVN said it has signed contracts to buyelectricity from three waste-to-energy projects, including Go Cat, Can Tho andNam Son – though their total capacity is only 9 MW.-VNA
However, these projects usually involve strict technicalrequirements from authorities. Besides, mosttechnologies for generating energy from waste from the US, Europe and Japanrequire waste classification, something that is not yet done in Vietnam.
“This means enterprises need to invest alsoin waste classification systems,” an investor said.
EVN said it has signed contracts to buyelectricity from three waste-to-energy projects, including Go Cat, Can Tho andNam Son – though their total capacity is only 9 MW.-VNA
VNA
