power plan a leap in the right direction for 2050 ambitions

Power plan a leap in the right direction for 2050 ambitions

Vietnam’s Power Development Plan VIII (PDP8) will enable the power sector to align with the nation’s international commitments, including the Just Energy Transition Partnership. It is the dawn of green and sustainable development for the sector, with the hope of restarting pending power projects and contributing to net-zero commitments by 2050.
40 per cent renewable energy target for vietnams commercial power consumption

40 per cent renewable energy target for Vietnam's commercial power consumption

To implement the Power Development Plan VIII (PDP8) and secure the nation's energy supply, power system flexibility concerns must be handled immediately.
all systems go for energy security

All systems go for energy security

The newly approved Power Development Plan VIII for 2021-2030, with a vision to 2050, is designed to improve the country’s energy security and set out a roadmap for developing energy sources towards a green path. However, realising the targets will be a profound challenge for all involved.
john cockerill to develop hydrogen factory in tra vinh

John Cockerill to develop hydrogen factory in Tra Vinh

John Cockerill, the mechanical engineering group from Belgium, is working with ministries and local authorities to reach an agreement to develop a hydrogen factory after conducting a field survey in the southern province of Tra Vinh. This was part of John Cockerill CEO Francois Michel's mission during his recent business trip to Vietnam.
pdp8 officially authorised 2050 approach

PDP8 officially authorised: 2050 approach

The objective of the Power Development Plan VIII (PDP8) is to aggressively develop renewable energy sources for electricity generation. By 2050, the proportion of renewable energy is projected to have reached 67.7-71.5 per cent.
pdp8 approval faces further delays

PDP8 approval faces further delays

The Ministry of Industry and Trade (MoIT) plans to develop and propose policies for implementing the new power development pilot scheme, Power Development Plan VIII (PDP8), after obtaining the prime minister's request no later than mid-May.
foreign invested groups propose early implementation of pdp8

Foreign-invested groups propose early implementation of PDP8

The Ministry of Industry and Trade is once again urged to complete the latest draft of Power Development Plan VIII (PDP8), which will be submitted to the prime minister for approval in May.
solar data scrutiny the latest pain point for pdp progress

Solar data scrutiny the latest pain point for PDP progress

The country’s Power Development Plan VIII is now roughly three years behind schedule and way off the prime minister’s demand that “preparation must be one step ahead” because of disparities in solar power statistics.
ensuring the new pdp meets power source criteria

Ensuring the new PDP meets power source criteria

The Ministry of Industry and Trade was allotted 10 years to reinterpret solar data in the Power Development Plan VIII, yet delays continue to plague it. Van Nguyen of VIR sat down with Dr. Ngo Duc Lam, former deputy director of the Institute of Energy, about the current situation.
newest draft of power development plan viii comes with several highlights

Newest draft of Power Development Plan VIII comes with several highlights

Stakeholders expect the latest draft of the Power Development Plan VIII (PDP 8) to be soon approved, paving the way to kick-start fresh investment projects in the power sector.
five energy projects suggested for national power plan removal

Five energy projects suggested for national power plan removal

The Ministry of Industry and Trade (MoIT) has proposed removing five thermal power plant projects from the National Power Development Plan VIII unless investors commit to arranging enough capital.
prime minister hosts meeting to complete pdp8

Prime minister hosts meeting to complete PDP8

On September 28, Prime Minister Pham Minh Chinh will work with leaders from many ministries and enterprises to discuss the National Power Development Plan VIII (PDP8).
vietnam to cut gas power capacity in electricity development plan

Vietnam to cut gas power capacity in electricity development plan

The Ministry of Industry and Trade (MoIT) has been told to finalise the National Power Development Plan VIII (PDP VIII) for 2021-2030 with a vision to 2045, focusing on reducing coal power plants.
offshore wind future in balance for vietnam

Offshore wind future in balance for Vietnam

The long-awaited Power Development Plan VIII is set to target the development of about 7GW of offshore wind power in Vietnam. However, both investors and localities are waiting for a clearer roadmap.
suggested removal of 14120mw of thermal power

Suggested removal of 14,120MW of thermal power

The Ministry of Industry and Trade (MoIT) has proposed removing 14,120MW of thermal power from the draft of the National Power Development Plan VIII to match the government’s net-zero targets.