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Power Development Plan 8

Financing a greener future

[Videos] Financing a greener future

Việt Nam is among the countries with great potential to invest in new renewable energy sources. Under the National Power Development Plan VIII, renewable energy will account for about two-thirds of total capacity by 2045. To achieve this goal, there...
Experts urge to develop hydropower resource

Experts urge to develop hydropower resource

The Government should increase the exploitation of hyower in the context of increasing electricity demand as the potential of the resource remains large, experts said.
Energy giants plans for national power plan

Energy giants plans for national power plan

The recent approval of the implementation plan for Việt Nam’s eighth national power development plan (PDP8) has heated up the discussions around business strategies of energy giants in the race to gain advantages in energy transition towards the country’s net-zero...
Solutions outlined for LNG power development in Master Plan VIII

Solutions outlined for LNG power development in Master Plan VIII

Việt Nam 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 Việt Nam Chamber of Commerce and Industry (VCCI)’s Business...
VNs power plan lacks mechanisms to attract private investors

VN's power plan lacks mechanisms to attract private investors

There are still issues to be resolved with the recently approved National Power Development Plan 8th (PDP8), namely how to attract and encourage private investors, including green financing from foreign financial institutions.
Implementing the Power Development Plan VIII needs mindset change

Implementing the Power Development Plan VIII needs mindset change

The implementation of the ambitious Power Development Plan VIII is not without its challenges.
Electric stocks expected to benefit from Power Plan

Electric stocks expected to benefit from Power Plan

The approval of the Power Development Plan VIII is a positive factor to the domestic stock market, especially electric utility stocks. 
Power plan one step closer to net-zero target

Power plan one step closer to net-zero target

Against a back of complicated geopolitical conflicts and fast-paced technological advancement, Plan VIII would require unconventional ways of implementation to get its results within such a short time frame. 
PM approves National Power Development Plan VIII

PM approves National Power Development Plan VIII

The plan needs US$134.7 billion of funding to develop new power plants and power grids between 2021 and 2030.
Government requests quick completion of Power Plan VIII

Government requests quick completion of Power Plan VIII

The Deputy Prime Minister requested the Ministry of Industry and Trade to complete the power planning to firmly ensure energy security, provide enough electricity for socio-economic development and people''s life.
National Power Development Plan VIII paves way for renewable energy

National Power Development Plan VIII paves way for renewable energy

The National Power Development Plan for the 2021 - 2030 period, with a vision towards 2045 (PDP VIII) has taken into account the replacement of coal-fired power projects and those that are still pending.
Power generation capacity projected to reach 146,000 MW by 2030

Power generation capacity projected to reach 146,000 MW by 2030

Deputy Prime Minister Lê Văn Thành recently took part in an conference with localities regarding the completion of the National Power Development Plan for the 2021-30 period, with a vision to 2045 (PDP VIII).
National power development plan VIII targets drastic CO2 emissions reduction

National power development plan VIII targets drastic CO2 emissions reduction

The total capacity of power generation sources is expected to reach 146,000 MW by 2030, down about 35,000 MW compared to the version submitted on March 26, 2021. The peak capacity in 2030 is estimated at about 93,000 MW.
Master plan for a competitive power market

Master plan for a competitive power market

A power development plan for 2021-30 with a vision to 2045 would not only meet electricity demand but also more importantly a strong association between Viet Nam and other countries in the region towards a competitive power market.
Viet Nam has great potential for wind power: conference

Viet Nam has great potential for wind power: conference

Around 10 gigawatts of offshore wind power could be in operation in Việt Nam by 2030, according to studies carried out by the Danish Energy Agency and the World Bank.