Vietnam clears 2021-2030 National Electricity Development Plan roadmap

04 Apr '24

2 min read

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Insights

Vietnam's domestic capacities of thermal, LNG thermal and coal-fired thermal power plants will be 14,930 MW, 22,400 MW and 30,127 MW respectively by 2030, a roadmap to implement the 2021-2030 National Electricity Development Plan said.
The offshore wind, onshore wind and biomass power capacities will be 6,000 MW, 21,880 MW, and 1,088 MW respectively by 2030.

Vietnam’s total domestic capacities of thermal, LNG thermal and coal-fired thermal power plants will be 14,930 MW, 22,400 MW and 30,127 MW respectively by 2030, according to a roadmap to implement the National Electricity Development Plan for the 2021-2030 period, with a vision towards 2050.

The roadmap was recently approved by Vietnamese deputy prime minister Tran Hong Ha.

The target is to accelerate the transition from fossil fuels to new and renewable energy sources to reduce environmental pollution and greenhouse gas emissions and to realise commitments to the Nationally Determined Contributions and the 2050 net-zero target.

The total capacities of offshore wind, onshore wind and biomass power will be 6,000 MW, 21,880 MW, and 1,088 MW respectively by 2030.

Electricity generated from waste will be 1,182 MW, while the additional capacity of rooftop solar power will be 2,600 MW. The total capacity of battery storage is set at 300 MW.

Electricity imported from Laos is projected to be around 5,000 MW, which could increase to 8,000 MW in favourable conditions with reasonable prices, a Vietnamese media outlet reported.

The roadmap identifies the central and southern regions as potential areas of renewable energy sources serving exports, with export scales ranging from 5,000 MW to 10,000 MW for feasible projects.

It prioritises investment in interconnected grids with neighbouring countries and also envisions researching and building two inter-regional industrial and service centres for renewable energy by 2030.

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