The recently issued National Power Development Plan VIII is considered a breakthrough in the energy sector as it shows Vietnam’s determination to gradually eliminate coal and gas-fired power generation and promote renewable energy to achieve the target of net zero emissions by 2050.
The Ministry of Industry and Trade (MoIT) will submit the revised National Power Development Plan VIII to the Prime Minister for approval by February 28, 2025, Deputy Minister Nguyen Hoang Long has said.
On November 30, 2024, the 15th National Assembly (NA) passed a resolution on the restart of the Ninh Thuan Nuclear Power Project and continued study of the environmental impact of a nuclear power programme in Vietnam.
Prime Minister Pham Minh Chinh has laid stress on the need to complete the resolution of obstacles for renewable projects by February 2025 to prevent wastefulness, contributing to ensuring electricity for development.
Deputy Prime Minister Tran Hong Ha on August 13 stressed the significance of consistency in the technical approach as well as economic efficacy while developing a decree on mechanisms and policies to develop rooftop solar power.
Prime Minister Pham Minh Chinh voiced an imperative to ensure a consistent and uninterrupted power supply in all circumstances during a working session with the Vietnam Electricity (EVN) on January 13.
Vietnam stands as a nation with abundant favourable prospects for liquefied natural gas (LNG) power, which has caught attention from numerous enterprises and investors, heard a forum held by the Vietnam Chamber of Commerce and Industry (VCCI)’s Business Forum magazine in Hanoi on December 7.
Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan had a working session with the European Union delegation to Vietnam and the British Embassy in Hanoi on October 3 to discuss the implementation of the Just Energy Transition Partnership (JETP).
The Ministry of Natural Resources and Environment (MoNRE) held a consultation workshop in Hanoi on August 11 to discuss a draft resource mobilisation plan to implement the Political Declaration on establishing the Just Energy Transition Partnership (JETP).
Experts on July 28 proposed measures to avoid problems and effectively implement the National Power Development Plan VIII, which was approved in mid-May, at a seminar on mechanisms, policies and solutions to ensure sustainable energy with a vision to 2050.
The National Power Development Plan VIII, which has been recently approved by the Prime Minister, aims to ensure national energy security, thus satisfying the country's socio-economic requirements in the time ahead.
Prime Minister Pham Minh Chinh hosted a reception for Belgian Ambassador to Vietnam Karl Van Den Bossche and Francois Michel, CEO of John Cockerill Group - a mechanical engineering firm of Belgium, in Hanoi on May 17.
The Prime Minister has approved the National Power Development Plan VIII, which guides the development of power plants and power grids between 2021 and 2030, with a vision until 2050.
Apart from providing green energy, developing offshore wind power also supports Vietnam in achieving its commitment to net-zero emissions by 2050 that the country made at the 26th United Nations Climate Change Conference of the Parties (COP26), said Danish Ambassador to Vietnam Nicolai Prytz.
The Ministry of Industry and Trade has proposed six key contents of the draft National Power Development Plan for the 2021 - 2030 period with a vision to 2045 (PDP VIII) for comments from the Government.
Vietnam will increase offshore wind power capacity to 4 GW from 1 GW and onshore wind power capacity to nearly 17.34 GW from about 1.26 GW by 2030, according to the latest draft of the National Power Development Plan VIII.