News
Catching up with the green energy transition trend
In the context of the world facing many challenges regarding climate change and energy security, reducing the use of fossil energy and accelerating the development of renewable energy create many new opportunities for businesses to participate more deeply in the global supply chain.The transition to ...
Minh Dung
National Power Development Master Plan for 2021 - 2030 period put into reality
Deputy Prime Minister Tran Hong Ha signed Decision 338/QD-TTg, dated April 24, approving a plan to implement the National Power Development Master Plan for the period of 2021 – 2030, with a vision to 2050 (Master Plan VIII).The plan aims to ensure effective implementation of ...
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 ...
All options on table for climate transition
Vietnam is now facing big pressure to carry out its energy transition in a greener manner, with the government advised to place high priority on limiting coal-fired power development while developing more renewable energy. Integrating fast-growing renewable energy capacity will require accelerating investments in the ...
Nguyen Huong
Offshore wind future in balance for Vietnam
The long-awaited Power Development Plan VIII is set to target the development of about 7GW of offshore wind power in Vietnam. However, both investors and localities are waiting for a clearer roadmap.In Vietnam’s north, there are now 22 registered projects with a total capacity of ...
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 ...
Offshore wind power sees high development potential
The draft National Power Development Plan for the 2021 – 2030 period with a vision to 2045 (PDP VIII) clarifies the roadmap to cut down coal-fueled power and increase renewable energy sources, especially wind and gas power, offering a good chance for offshore wind power ...
Vietnam pushes for energy restructuring: official
Vietnam is determined to restruct its enegy sector, said Deputy Minister of Industry and Trade Dang Hoang An at the 4th High-Level Meeting of the Vietnam Energy Partnership Group (VEPG) held in Hanoi on January 24.An important highlight of the function was the introduction of ...
No more wind and solar power sources to be added this year
The Ministry of Industry and Trade will not add any more wind and solar power into this year’s plan, due to a lack of input facilities to transfer them to the national grid.According to the deputy director of the National Load Dispatch Center – Nguyễn ...
Vietnam to minimise new coal-fired power plants
Although the most recent draft of the National Power Development Plan increased the volume of coal-fired projects in Vietnam, the Ministry of Industry and Trade (MoIT) has said it won’t consider developing any new coal-fired plants, to save the environment.MoIT said many parts of the ...