In the event Vietnam Electricity (EVN) and investors fail to produce a consensus, the prices will be determined by the Ministry of Industry and Trade with consideration given to fair competition for other sources of electricity.
Việt Nam remains committed and focused on enhancing the development of hydrogen energy production and hydrogen-source fuels in regions with potential and advantages in renewable energy, close to major consumer markets.
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.
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.
The Ministry of Industry and Trade (MoIT) has consulted the Government not to include 14,120 MW of coal-fired power in the national power master plan (PDP8) to achieve the goal of net zero emissions by 2050.