1 AIT Asian Institute of Technology

Green energy project development : a case study of SK industrial park

AuthorNguyen Van Dan
Call NumberAIT Proj. no.MPM-CM-25-15
Subject(s)Renewable energy sources--Vietnam--Case studies
Clean energy industries--Vietnam--Case studies
NoteA project submitted in partial fulfillment of the requirements for the degree of Master of Engineering (Professional) in Construction Engineering and Infrastructure Management
PublisherAsian Institute of Technology
AbstractVietnam's economy has been growing rapidly in recent years and will continue to grow strongly in the coming years as a result of the steady strong FDI inflows into industrial parks. Accordingly, the demand for electricity in industrial parks is increasing significantly. To meet the electricity demand for socio-economic development, the Vietnamese government has approved the power development plan for the period 2021 2030 with the goal of increasing power installed capacity from 80 GW to more than 150 GW by 2030. Vietnam is also rapidly advancing toward a green and sustainable energy future, driven by strong government commitments such as net-zero emissions by 2050. One of the most practical and impactful strategies to support this transition is the deployment of green energy systems in industrial parks. AVN with 30 years of operation in Vietnam in the field of developing industrial real estate projects, is currently participating in the development of four industrial parks in Vietnam with the goal of developing the "Green and Smart Industrial Estate model." AVN’s industrial parks provide full facilities and services such as power, water, and wastewater treatment for tenants. In the framework of this report, we will focus on the "green" aspect by developing and supplying renewable energy sources for factories in industrial parks. In Quang Ninh province, AVN is developing the SK Industrial Park project with an area of 714 hectares, and a power demand capacity of up to 700 MW approximately in full operation, and we expect to develop about 200-250 MWp of rooftop solar from now to 2030 with a model of self-produced, self-consumption, meaning that generated rooftop solar energy will be supplied to the factory itself. This report outlines the frameworks of green energy project development in SK Industrial Park, including business opportunity, feasibility, financial viability, business models, project planning, and execution. This thesis contributes a clear, easy-to-apply framework to implement these systems, which could substantially reduce energy costs and carbon emissions while also promoting sustainable development in the Industrial Park, which is one of the key factors in developing SK Industrial Park into an eco industrial park.
Year2025
TypeProject
SchoolSchool of Engineering and Technology
DepartmentDepartment of Civil and Infrastucture Engineering (DCIE)
Academic Program/FoSConstruction Engineering and Infrastructure Management (Professional Master) (MPM-CM)
Chairperson(s)Hadikusumo, Bonaventura H. W.;Sakul Pochanart (Co-chairperson)
Examination Committee(s)Santi Charoenpornpattana;Wasan Teerajetgul
DegreeProject (M. Eng.) - Asian Institute of Technology, 2025


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