Sustainable Development Goals
SDG 7 Affordable and clean energy
Vietnam aims for sustainable development with Power Development Plan VIII
The Power Development Plan for the 2021-2030 period, with a vision to 2050 (PDP VIII), is a particularly important plan that aims to ensure national energy security and provide adequate and stable electricity at reasonable prices for rapid and sustainable socio-economic development.PDP VIII is designed ...
Measures needed to remove obstacles for transitional wind, solar power plants
The Government Office recently sent an urgent dispatch to the Minister of Industry and Trade regarding recommendations to deal with shortcomings in the building and issuance of a pricing mechanism for electricity generation of transitional wind and solar power plants.On March 20, Minister of Industry ...
Waste-to-energy projects help curb greenhouse gas emissions
Ho Chi Minh City’s Department of Natural Resources and Environment, Department of Industry and Trade and the United States Agency for International Development (USAID) jointly organised a conference on technology and finance for waste-to-energy projects on April 11.Le Van Tam, Deputy Director of the Vietnam ...
EIB Global to support Viet Nam's efforts to decarbonize electricity sector
EIB Vice-President Kris Peeters and Viet Nam Electricity Chairman Duong Quang Thanh have signed a memorandum of understanding paving the way for an increased EIB contribution to sustainable electricity generation.As part of the Vietnamese government’s target of achieving net zero emissions by 2050, EVN has ...
Thuy Dung
Vietnam has opportunity for energy transition towards green growth
Vietnam boasts substantial potential for wind power, particularly offshore wind power, providing an opportunity for the country to fulfill its energy transition target towards green growth, heard a conference held by the Global Wind Energy Council (GWEC) in Hanoi on December 1.As of the end ...
Vietnam needs $8 bln-$14 bln power investment a year through 2030
Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry minister said on Wednesday. Of the amount, 75% would be spent on new power plants, with priority ...
Measures proposed to remove obstacles to renewable energy projects
The Ministry of Industry and Trade has asked the prime minister for approval of several measures to lift impediments to existing renewable energy projects, and work out a mechanism for facilitation of such projects in the years to come.In recent years, renewable energy projects have ...
T.S.
Vietnam faces problems in developing power sources
The Ministry of Industry and Trade’s (MOIT) report to the Prime Minister on the PDP VIII shows big changes in installed power capacity by 2030. It is expected that total capacity would reach 145,930 MW, not including solar power and cogeneration sources. Vietnam plans to step up ...
Electricity prices may rise if renewables overdeveloped: finance ministry
The Ministry of Finance has warned that electricity prices will rise if solar and wind power are not developed commensurately with grid and operational capacity.Renewable power production is booming thanks to a fit-in-tariff (FIT) price of 7.09-9.35 U.S. cents per kilowatt-hour, much higher than prices ...
Anh Minh
More needs to be done in Asia to fully unleash its renewable energy potential: MoNRE
The Minister of Natural Resources and Environment on Wednesday sent a message, highlighting seven focus points to fully unleash Asia’s potential for renewable energy development.Climate and fossil fuel crises present us with a new growth opportunity by transforming the development model, shifting from fossil fuels ...