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, heard a meeting of the State Appraisal Council.
securing long term interests of vietnam in energy transition

Securing long-term interests of Vietnam in energy transition

The government has taken a step-by-step approach that includes comments and discussions with Vietnam Business Forum’s Power and Energy Working Group and other private sector power and energy organisations. Based on the November draft, meetings, and follow-up requests for comments, we have the Power Development Plan VIII (PDP8) that is addressing the country’s economic, environmental, and social needs in line with international climate agreements.
investors of hai lang power plant urges retaining original schedule

Investors of Hai Lang power plant urges retaining original schedule

The group of investors of the first phase of the Hai Lang power plant insists to start commercial operations in 2026-2027, instead of 2040 as mentioned in the draft Power Development Plan VIII (PDP8).
solutions coming thick and fast for draft pdp

Solutions coming thick and fast for draft PDP

The policymakers of the latest draft of Vietnam’s mammoth Power Development Plan VIII see themselves confronted with additional wind and solar demand, as well as the scrutiny of a deputy prime minister, requiring the Ministry of Industry and Trade to remedy issues to meet the national goals of energy security and net zero emissions by 2050.
four provinces propose adding wind and solar power projects to pdp8

Four provinces propose adding wind and solar power projects to PDP8

Ninh Thuan, Binh Thuan, Quang Ninh, and Thai Binh provinces have recently sent proposals to the Ministry of Industry and Trade to add a series of wind and solar power projects to the National Power Development Plan VIII (PDP8).
priorities shift for nations power plan

Priorities shift for nation’s power plan

After outlining its goals to go greener as the world tackles climate change together, Vietnam is sending a signal to investors to embrace renewables, especially offshore wind. However, such investors await the details of exactly which energy sources will be favoured by the long-awaited Power Development Plan VIII (PDP8).
vietnam eyes 4 gw offshore wind power capacity by 2030

Vietnam eyes 4 GW offshore wind power capacity by 2030

Vietnam will increase offshore wind power capacity to 4 GW from 1 GW and onshore wind power capacity to nearly 17.34 GW from about 1.26 GW by 2030, according to the latest draft of the National Power Development Plan VIII.
quang tri proposes to adjust operation schedule for hai lang lng power plant

Quang Tri proposes to adjust operation schedule for Hai Lang LNG power plant

Quang Tri is proposing the government to adjust the operation schedule for the $2.35 billion Hai Lang LNG power plant, set in the draft of National Power Development Plan VIII (PDP8).
balanced planning in the works for power

Balanced planning in the works for power

With the National Power Development Plan VIII still being scrutinised in various drafts, voices are being raised to even out the balance between a sustainable and affordable power supply and a steady grid structure.
latest draft of national power development plan viii up for comments

Latest draft of national Power Development Plan VIII up for comments

The Ministry of Industry and Trade has just released the latest draft of the national Power Development Plan VIII for comments from relevant agencies, with the goal of submitting the document to the government within September.
power plan revised to render market more competitive

Power plan revised to render market more competitive

The government this month requested the Ministry of Industry and Trade to review and re-submit the Power Development Plan VIII as the scheme is geared towards speeding up establishment of a competitive electricity market. The aim, to ensure fair participation of all stakeholders, has the potential to attract investors and mobilise all resources for energy development.
experts suggest raising proportion of offshore wind power in new power plan

Experts suggest raising proportion of offshore wind power in new power plan

Vietnam needs to increase the proportion of wind power, especially offshore wind power, in the total power capacity targeted in the National Power Development Plan for 2021-2030 with a vision to 2045 (Power Development Plan VIII), so as to attract more foreign investors in the field, according to businesses and experts.