Quynh Lap power station
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Quynh Lap power station is a power station in Quynh Lap, Quynh Luu, Nghe An, Vietnam with multiple units of varying statuses none of which are currently operating.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Quynh Lap power station | Quynh Lap, Quynh Luu, Nghe An, Vietnam | 19.27563, 105.78019 (exact) |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- Phase 1 Unit 1, Phase 1 Unit 2, Phase 2 Unit 1, Phase 2 Unit 2, Unit 1: 19.27563, 105.78019
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | CHP | Start year | Retired year |
|---|---|---|---|---|---|---|---|
| Phase 1 Unit 1 | cancelled | coal - bituminous | 600 | ultra-supercritical | – | – | – |
| Phase 1 Unit 2 | cancelled | coal - bituminous | 600 | ultra-supercritical | – | – | – |
| Phase 2 Unit 1 | cancelled | coal - bituminous | 600 | ultra-supercritical | – | – | – |
| Phase 2 Unit 2 | cancelled | coal - bituminous | 600 | ultra-supercritical | – | – | – |
| Unit 1 | announced[1][2][3][4] | liquefied natural gas[1][2][3] | 1500[1][2][3] | not found | not found | 2030[1][2][3] | – |
CHP is an abbreviation for Combined Heat and Power. It is a technology that produces electricity and thermal energy at high efficiencies. Coal units track this information in the Captive Use section when known.
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| Phase 1 Unit 1 | Vietnam National Coal and Mineral Industries Holding Corp Ltd (Vinacomin) [100.0%] | – |
| Phase 1 Unit 2 | Vietnam National Coal and Mineral Industries Holding Corp Ltd (Vinacomin) [100.0%] | – |
| Phase 2 Unit 1 | to be determined [100.0%] | – |
| Phase 2 Unit 2 | to be determined [100.0%] | – |
| Unit 1 | not found | not found |
Background
In March 2009, Nghệ An provincial authorities approved a plan by Vietnam National Coal-Mineral Industry (Vinacomin) to build a two-stage, four-unit, 2,400-MW coal-fired power plant complex in Quỳnh Lưu district.[5]
The project site is within 10 miles of two other power plant projects: Electricity of Vietnam's Nghi Son power station, and the Cong Thanh Group's Cong Thanh power station.
Quỳnh Lập-1
In December 2010, Vinacomin contracted Korea's Dooson Heavy Industries, a subsidiary of the Doosan Group, to build the US$1.5 billion, two-unit, 1,200-MW Quỳnh Lập-1 coal-fired power plant. The plant was originally scheduled to go online in 2016.[5] In March 2012, Vinacomin submitted its plans for Quỳnh Lập-1 to the government for environmental approval.[6] In July 2013, Deputy Prime Minister Hoang Trung Hai chided Nghệ An provincial officials, in part for delays in the construction of Quỳnh Lập-1.[7]
As of February 2014, Vinacomin was negotiating with Marubeni Corporation for a coal-supply agreement for the plant.[8]
In July 2015, Vinacomin signed a memorandum of understanding with the provincial government. Thanks to a technology transfer from Korea's Doosan Corporation, the plant would be the first ever built using Vietnamese design and Vietnam-built turbines. Completion was scheduled for 2020.[9]
In June 2016, Vinacomin held an investor conference for the project, trying to mobilize interest among both domestic and foreign financial institutions.[10]
In June 2018 it was reported that Vietnam’s Ministry of Industry and Trade had asked the central government to allow a joint venture between Hong Kong's United Investors Holding (HUI) and Vietnam's Geleximco to replace Vinacomin as investor of Quynh Lap-1. Vinacomin is reportedly not able to finance the project, while Chinese banks are ready to provide US$1.6 billion out of US$2.1 billion needed if the project is handed over to the JV.[11] The consortium of Chinese banks that would provide debt financing includes China Development Bank, Bank of China, China Construction Bank, and Industrial and Commercial Bank of China.[12]
In June 2019 the completion date for Quỳnh Lập-1 was listed as 2026 in the Ministry Of Industry And Trade's report on the implementation of the revised seventh Power Development Plan (PDP7).[13]
In December 2019 it was reported that the promoters are struggling to attract domestic and international financiers due to the project not having a state guarantee.[14] In February 2020 Vinacomin issued an invitation for foreign investors to buy the 64% of the project not owned by Vinacomin.[15] In November 2020 Nghe An province in central Vietnam called on the Ministry of Industry and Trade (MOIT) to remove both the proposed 1200 MW Quynh Lap Power Center and South Korean company POSCO’s proposed 1200 MW Quynh Lap 2 plant from the national power development plan.[16]
In November 2020 it was reported that Quỳnh Lập-1 and Quỳnh Lập-2 would likely be delayed until after 2030 under Vietnam's upcoming Power Development Plan VIII.[17] An October 2021 report by GreenID lists the Quynh Lap-1 power station as one of 18 coal-fired power stations in Vietnam that was struggling to secure financing. Given that China, Japan, and South Korea have all committed to stop financing new coal-fired power stations, it will be extremely difficult for any of these projects to secure funding in the future.[18]
On July 4, 2022, the Ministry of Industry and Trade appeared to provide an update on the draft PDP. The document’s list of major power projects planned for 2021-2030 (PDF pages 18-20) did not include the project.[19] On July 15, 2022, the Deputy Prime Minister appeared to request further review of the major power projects that had been included in the revised PDP VII but not in the draft PDP VIII.[20] The project is presumed shelved for now.
In May 2023, Vietnam officially approved the updated power development plan (PDP8). Under this plan, the country will domestically generate 20% of its electricity needs with coal by 2030 and fully phase out coal-fired power stations by 2050. The plan involved increasing energy generation using coal to a peak of 30 GW and replacing all other outstanding coal projects with LNG or renewables. PDP8 listed Quynh Lap I among the projects that would not move forward using coal.[21]
Quỳnh Lập-2
It appears that the second half of the power complex, two-unit, 1,200-MW Quỳnh Lập-2 plant, is having difficulty finding investors. In October 2013, Samsung employees visited Nghệ An province to study investment policies and opportunities to develop Quỳnh Lập-2.[22]
In May 2015, POSCO Group officials visited Nghệ An to study the possibility of building Quỳnh Lập-2, but talks with provincial officials were apparently inconclusive.[23][9]
Provincial government officials signed an agreement with POSCO in February 2016.[24] In May 2017, the Ministry of Industry & Trade authorized POSCO to move ahead with the project.[25] The project will be developed under a 25-year build, operate and transfer (BOT) contract, with groundbreaking to begin in 2022 and operation in 2026. The project is intended to support an industrial complex for heavy industries including steel, machinery and cement producers.[26]
In June 2019 the completion date for Unit 1 was listed as 2027 and the completion date for Unit 2 was listed as 2028 in the Ministry Of Industry And Trade's report on the implementation of the revised seventh Power Development Plan (PDP7).[27] In November 2020 Nghe An province in central Vietnam called on the Ministry of Industry and Trade (MOIT) to remove both the proposed 1200 MW Quynh Lap Power Center and South Korean company POSCO’s proposed 1200 MW Quynh Lap 2 plant from the national power development plan.[16]
In November 2020 it was reported that Quỳnh Lập-1 and Quỳnh Lập-2 would likely be delayed until after 2030 under Vietnam's upcoming Power Development Plan VIII.[17] An October 2021 report by GreenID lists the Quynh Lap-2 power station as one of 18 coal-fired power stations in Vietnam that was struggling to secure financing. Given that China, Japan, and South Korea have all committed to stop financing new coal-fired power stations, it will be extremely difficult for any of these projects to secure funding in the future.[28]
According to PDP7, the first phase was under construction and would be completed in 2022 and 2023, and the second phase was "planned with investor not identified" (Announced) with completion in 2026 and 2027.[29]
On July 4, 2022, the Ministry of Industry and Trade appeared to provide an update on the draft PDP. The document’s list of major power projects planned for 2021-2030 (PDF pages 18-20) did not include the project.[30] On July 15, 2022, the Deputy Prime Minister appeared to request further review of the major power projects that had been included in the revised PDP VII but not in the draft PDP VIII.[31]
The project was listed as an LNG plant in PDP VIII July 2022 version.[19]
In May 2023, PDP8 listed Quynh Lap II among the projects that would not move forward using coal.[21]
Alternative Proposal
In November 2020, the Nghe An Horticulture Service and Promotion Center and the Vietnam Sustainable Energy Alliance sent a request to the Ministry of Industry and Trade and related agencies, in which they proposed that Quynh Lap 1 and 2 coal-fired power projects be converted into renewable energy (wind, solar) or gas power. The petition cited near unanimous support for a greener power generation facility among the population of Quynh Lap.[32] Two weeks later, the The People's Committee of Nghe An province sent a request to the Vietnamese Prime Minister and the Ministry of Industry and Trade to stop the implementation of Quynh Lap thermal power center project and remove it from Power Development Plan VIII. Instead, the Nghe An province wants to prioritize environmentally friendly development. The request to stop development of Quynh Lap received unanimous approval from the committee.[33]
Financing
Quỳnh Lập-1: China Development Bank, Bank of China, China Construction Bank, and Industrial and Commercial Bank of China[12] (proposed in 2018)
Quỳnh Lập-2: 25% equity, 75% debt; potential loans from Export–Import Bank of Korea, other Korean banks (proposed in 2106-2017)[24][34]
Articles and Resources
References
- ↑ 1.0 1.1 1.2 1.3 "Vietnam Power Development Plan VIII, July 2022". Archived from the original on 44953. Retrieved 44743.
{{cite web}}: Check date values in:|access-date=and|archive-date=(help) - ↑ 2.0 2.1 2.2 2.3 "Vietnam Power Development Plan VIII, December 2022". Archived from the original on 45188. Retrieved 44896.
{{cite web}}: Check date values in:|access-date=and|archive-date=(help) - ↑ 3.0 3.1 3.2 3.3 "Vietnam Power Development Plan VIII, May 2023". Archived from the original on 45138. Retrieved 45047.
{{cite web}}: Check date values in:|access-date=and|archive-date=(help) - ↑ https://web.archive.org/web/20231018075840/https://theinvestor.vn/nghe-an-province-to-push-progress-of-lng-power-project-d6387.html. Archived from the original on 18 October 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ 5.0 5.1 Doosan Locked Into Power Development, Vietnam Breaking News, Dec. 21, 2010.
- ↑ Vinacomin Hikes Electrical Production, Viêt Nam News, July 19, 2012.
- ↑ Deputy PM: Administrative Reform in Nghe An Would Lure Investment, Nhân Dân, July 17, 2013.
- ↑ Vinacomin and Marubeni come to sign a comprehensive cooperation agreement, Vietnam Energy, 20 Feb. 2014.
- ↑ 9.0 9.1 Vinacomin to build first made-in-VN power plant, Viet Nam News, 15 July 2015.
- ↑ TKV kêu gọi vốn đầu tư vào nhà máy nhiệt điện tỷ đô Quỳnh Lập 1, VietStock, 17 June 2017.
- ↑ "Trung Quốc đổ vốn vào nhiệt điện than Việt Nam," Thanh Nien, June 22, 2018
- ↑ 12.0 12.1 Geleximco muốn xây nhà máy nhiệt điện tỷ USD với đối tác Trung Quốc, VNExpress, Mar. 26, 2018
- ↑ Implementation of Power Projects in the Revised Power Development Plan 7, Ministry of Industry and Trade, Republic of Vietnam, Jun. 4, 2019
- ↑ "Tương lai Nhiệt điện Quỳnh Lập 1 về đâu?," Dautu Online, Dec. 19, 2019
- ↑ TKV mời gọi đầu tư dự án Nhà máy Nhiệt điện Quỳnh Lập 1, Nang Luong Vietnam, Feb. 12, 2020
- ↑ 16.0 16.1 Nghệ An đề nghị dừng thực hiện Trung tâm nhiệt điện Quỳnh Lập, Thanh Nien, Nov. 26, 2020
- ↑ 17.0 17.1 Nhiều dự án nguồn điện trong quy hoạch ‘chưa rõ tiến độ’ vào vận hành, Nang Luong Vietnam, Nov. 25, 2020
- ↑ Trung Chanh, 18 dự án nhiệt điện than trong quy hoạch khó tiếp cận vốn, The Saigon Times, Oct. 3, 2021
- ↑ 19.0 19.1 “Draft National Power Development Plan VIII,” MOIT, July 4, 2022
- ↑ “Thiệt hại ra sao nếu không làm 2.430MW điện mặt trời ngoài quy hoạch Điện 8,” Laodong, July 18, 2022
- ↑ 21.0 21.1 Approving the national electricity development plan for the period of 2021-2030, with a vision to 2050, Prime Minister of Vietnam, May 16, 2023
- ↑ International Giants Interested in Power Projects in Vietnam, Vietnamnet, Oct. 13, 2013.
- ↑ Power projects become attractive to foreign investors, Vietnam+, 17 June 2015.
- ↑ 24.0 24.1 Bước tiến mới của dự án nhiệt điện Quỳnh Lập 2, Nang Luong, 24 Feb. 2016.
- ↑ Nhiệt điện Quỳnh Lập 2 (Nghệ An) sẽ được doanh nghiệp Hàn Quốc đầu tư, Bao Nghe An, 6 May 2017.
- ↑ Jung Min-hee, "POSCO Energy Wins 1200MW Plant Project in Vietnam," Business Korea, 12 May 2017
- ↑ Implementation of Power Projects in the Revised Power Development Plan 7, Ministry of Industry and Trade, Republic of Vietnam, Jun. 4, 2019
- ↑ Trung Chanh, 18 dự án nhiệt điện than trong quy hoạch khó tiếp cận vốn, The Saigon Times, Oct. 3, 2021
- ↑ DANH MỤC CÁC DỰ ÁN NGUỒN ĐIỆN VÀO VẬN HÀNH GIAI ĐOẠN 2016 - 2030, Ban hành kèm theo Quyết định số 428/QĐ-TTg ngày 18 tháng 3 năm 2016 của Thủ tướng Chính phủ (LIST OF POWER PROJECT IN OPERATION PERIOD 2016 - 2030, Issued together with Decision No. 428 / QD - TTg of March 18, 2016 by the Prime Minister)
- ↑ “Draft National Power Development Plan VIII,” MOIT, July 4, 2022
- ↑ “Thiệt hại ra sao nếu không làm 2.430MW điện mặt trời ngoài quy hoạch Điện 8,” Laodong, July 18, 2022
- ↑ Kiến nghị chuyển đổi các dự án nhiệt điện than Quỳnh Lập 1 và 2 sang loại năng lượng sạch, TRANG THÔNG TIN ĐIỆN TỬ XÃ QUỲNH LẬP, Nov. 13, 2020
- ↑ Nghệ An đề nghị dừng thực hiện Trung tâm nhiệt điện Quỳnh Lập, Báo Thanh Niên, Nov. 26, 2020
- ↑ "Posco Energy seeks international partner for Vietnam coal-fired". www.ijglobal.com. May 2017.
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Additional data
To access additional data, including interactive maps of the power stations, downloadable datases, and summary data, please visit the Global Coal Plant Tracker and the Global Oil and Gas Plant Tracker on the Global Energy Monitor website.
