JERA, a joint venture between Tokyo Electric Power Company (TEPCO) and Chubu Electric Power Company, is aiming to build a 1,000-megawatt (MW) plant in Vietnam’s southern region. The plant will be fueled by natural gas, a cleaner alternative to coal, and is expected to be operational by 2025. JERA’s move comes as the Asian energy landscape is undergoing a significant shift towards cleaner energy sources. This shift is driven by several factors, including:
* Kai, from JERA, commented on Vietnam’s ambition to expand its LNG infrastructure. * He acknowledged the challenges Vietnam is facing in this endeavor, particularly in a tight timeline. * He emphasized that JERA is working to design efficient LNG projects that can withstand potential delays.
The damage to the FSRU, located in the port city of Chittagong, is expected to cause a delay in the import of liquefied natural gas (LNG) into Bangladesh. This delay could potentially impact the country’s energy security and economic growth. The damage to the FSRU is a significant setback for Bangladesh’s efforts to diversify its energy sources and reduce its reliance on imported fossil fuels. The incident highlights the vulnerability of Bangladesh’s energy infrastructure to weather-related damage, particularly in the context of climate change.