28.9 C
Ho Chi Minh City
Saturday, June 28, 2025

spot_img

TAG

energy

For a greener, stronger grid

According to a recent report by SSI Securities Corporation, the prime minister issued Decision No. 768/QD-TTg on April 15, 2025, approving the revised National Power Development Plan VIII (Revised NPDP VIII), replacing the earlier version approved in May 2023. This revised version takes into account a scenario of high and sustainable growth for Vietnam over the next decade, while also aiming to ensure national energy security with several key highlights. First, the specific targets for total installed power capacity have been revised in NPDP VIII to reach 183–236GW by 2030 and 775–839GW by 2050, above the original targets of around 160GW by 2030 and 573GW by 2050. As of the end of 2024, Vietnam’s installed capacity had only reached 82.4GW. In addition, the revised plan reaffirms the commitment to achieving net-zero emissions by 2050, a core goal already stated in the earlier plan. Second, capacity targets for coal-fired and gas/LNG power plants remain largely unchanged, together accounting for about 36% of total capacity by 2030. Among traditional power sources (coal, hydropower and gas), only coal-fired power is expanding in line with the previous version of NPDP VIII. Although many gas/LNG power projects are experiencing significant delays, these energy sources still […]
To read more, please click here.

Vietnam unveils revised power development plan for 2021-2030

HCMC - Vietnam’s Ministry of Industry and Trade today, April 28, announced the revised National Power Development Plan for 2021-2030, with a vision extending...

Vietnam seeks to import coal from Laos to meet energy needs

HCMC – Vietnam is planning to import coal from Laos to address its growing domestic energy demands, the Ministry of Industry and Trade (MOIT)...

Becamex to establish electricity distribution firm

HCMC – Investment and Industrial Development Corporation, or Becamex, which trades its BCM shares on the Hochiminh Stock Exchange, will establish an electricity transmission...

Cutting emissions: Navigating conflicting interests

Despite international efforts and discussions for decades on end, combating greenhouse emissions remains an uphill task Greenhouse emissions continue rising without waiting for an international...

Latest news

spot_img