Vietnam Driving on Nuclear Opportunity

October 18, 2013

By Dr. Tyra OldhamLANDsds Sustainable Voice News

The continued rave around natural gas growth other energy solutions are still on the table such as, nuclear. Nuclear was considered off the table after Fukushima but the need for nuclear exploration as clean long-term vital energy source persists. The strategic deployment of energy solutions reveals “Vietnam Presses Ahead With Ambitious Nuclear Plans” for production.

Associated Press announceed and ABC News reported, “Vietnam is pressing ahead with Southeast Asia’s most ambitious civilian nuclear energy program despite safety fears over the technology following the 2011 Fukushima disaster. Foreign companies and governments are competing to get a toehold in an industry that could be worth $50 billion by 2030, according to estimates by U.S. officials.”

The nuclear plans “received a boost last week with the announcement that the United States and Vietnam had signed an agreement allowing U.S. firms to develop civilian nuclear power here. Once President Barack Obama and top U.S. energy officials sign the so-called “123 agreement,” Congress will have 90 days to either challenge it or let it take effect.”

Facing an energy crunch after years of underinvestment and artificially low consumer electricity prices, Vietnam is planning to build seven nuclear plants in the coming years.

“Vietnam has the second-largest market, after China, for nuclear power in East Asia, and our companies can now compete,” U.S. Secretary of State John Kerry said last week after inking the agreement in Brunei with Vietnam’s Prime Minister, Nguyen Tan Dung. But in a sign of potential difficulties to come, the planned construction start date for the first two plants has been delayed by three years, from 2014 to 2017, said Vuong Huu Tan, head of Vietnam’s Radiation and Nuclear Safety Agency, in a recent interview.”

The disaster of nuclear technology invades the delivery of this energy source.  The pervasive account of the devastation haunts future speculation but, research reveals with in a “2011 study by three scientists from Italian research institutions said historical precedent suggests Vietnam’s coastline is potentially vulnerable to earthquake-generated tsunamis originating farther east in the South China Sea- most vulnerable to wave impact.”

But Tan, the Hanoi-based nuclear official, said “safety is a high priority and Vietnam’s plants will be built to international standards.”

Nations have to manage and adapt to its environmental conditions while proceeding with the best-worst case scenarios for advancing a strong energy solution. Nuclear remains a viable solution as plants are coming online. The cost of these plants are economically challenging requiring partnerships and investment strategies reflected across infrastructural development.

Advertisements

LANDsds Sustainable Voice is a news platform to share interconnected ideas, innovation and observation-The Nexuses.

Tagged with: , , , , , , , , , , , ,
Posted in Construction, Economics, Energy, Energy Investment, Energy Security, Energy Speculators, Environment, Government, Infrastructure, Nuclear, Sustainability Nexuses, Sustainable Voice, Voice News, World News

Have a Sustainable Day My Friend!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

land@landsds.com

Nexuses Images
Skinny Budget Slashing Budget Making some #Zen
What’s TRENDING This WEEK:

July 4, 2015
Fourth of July!

July 3, 2015
Aetna Buys Humana

June 26,2015
The US Supreme Court votes for gay marriage.

June 25, 2015
The US nation's healthcare, Obamacare was upheld by the Supreme Court today.

April 28, 2015
The Marriage Gay Rights decision from Supreme Court

April 27, 2015
Outburst and acts of violence in Baltimore after the funeral of Mr. Freddy Gray, 25 Black male

April 27, 2015
Chipotle Mexican Restaurant Chain decides no Genetically Modified Ingredients (GMO) to be served

April 27, 2015
Loretta Lynch, sworn in as first Black Woman Attorney General of the United States

April 26 -27, 2015
Tragedy in Nepal as 7,000 Reported Dead from Earthquake and Tremors

April 25, 2015
White House Correspondence Dinner in full swing. Jokes, Pundits and Politics

April 9, 2015
Walter Scott killed by police officer in South Carolina. The crime witnessed and video taped by Feiden Santana.

April 7, 2015
Billie Holiday 100th Birthday anniversary

April 2, 2015
Storm and hail expected through south and east.

April 1, 2015
California's drought will change the way the state operates

We are glad your here!
Nexuses
Archives

LANDsds is the Green Sustainability Voice is dedicated to green, sustainability, green-tech and business contact us at land@landsds.com.

  • An error has occurred; the feed is probably down. Try again later.
  • Innovative Architecture Plyscrapers in Paris June 16, 2015
      Michael Green proposes plyscrapers for Paris  June 16, 2015 LANDsds Sustainable Voice News Vancouver architect Michael Green wrote the book on timber towers, and has made a name for himself building North America’s tallest. He is also great at that…Read more ›
    LANDsds Sustainable Voice News
  • Turning Miami into Next Silicon Valey June 1, 2015
    June 1, 2015 LANDsds Sustainable Voice News SHoP Architects has teamed up with West 8 to design a four-block development, aimed specifically at attracting technology businesses and turning Miami into “Florida’s Silicon Valley”. Located in Miami’s Park West neighbourhood, the 10-acre…Read more ›
    LANDsds Sustainable Voice News
  • BP Settles on Oil Spill for $18.7 Billion July 2, 2015
    July 2, 2015 LANDsdsSustainable Voice News   Big news as “BP to Pay $18.7 Billion for Deepwater Horizon Oil Spill” settled to support the environmental damage in 2010. “The federal government and the Gulf Coast states have reached a tentative…Read more ›
    LANDsds Sustainable Voice News
  • US Puerto Rico In Debt Crisis June 30, 2015
    June 30, 2015 By Dr. Tyra Oldham, LANDsds Sustainable Voice News As we the focus on Greece, Puerto Rico is in trouble. Puerto Rico a travel economy with cheap wages and high energy cost is under water. Puerto Rico a part of US…Read more ›
    LANDsds Sustainable Voice News
%d bloggers like this: