Power Development Plan Viii News Today

Emphasis is being made that the implementation of the nation’s power plan for the decade and beyond will not be successful without a detailed plan and clear investor selection process.

The future demand, fuel supply, power generation sources, and the regulatory framework are four major elements in in Vietnam’s Power Development Plan VIII that should be carefully elaborated and taken into account in Vietnam’s energy transition process.

The newly approved Power Development Plan VIII could open up new space for the country to realise its green path and eliminate bottlenecks in deploying renewable energy.

John Cockerill is working to reach an agreement to develop a hydrogen factory after conducting a field survey in the southern province of Tra Vinh.

The Just Energy Transition Partnership (JETP) provides important financial and technological solutions and should also be a target for the implementation of Power Development Plan VIII, Deputy Prime Minister Tran Hong Ha has said.

With the demand for electricity increasing rapidly and supply and a sense of economical use more limited, saving electricity is deemed an important tool during possible periods of crisis in the future.

The Ministry of Industry and Trade has suggested the Government remove coal-fired plants with a capacity of 14,120 megawatts from Power Development Plan VIII (for 2021-30), which is currently being drafted.

Vietnam has set itself ambitious goals when it comes to climate neutrality, yet current schemes are being deemed insufficient by energy experts.