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).
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).
ninh thuan proposes superseding nuclear power with clean energy

Ninh Thuan proposes superseding nuclear power with clean energy

Ninh Thuan People’s Committee has just sent a document seeking the prime minister's approval to supersede 4,600MW nuclear power approved in the national Power Development Plan (PDP) VII with liquefied natural gas (LNG) in the updated PDP8.
pdp8 delay to unlock more cost effective renewables

PDP8 delay to unlock more cost-effective renewables

The past 12 months have been a period of intense activity for Vietnam’s power sector. The planning process surrounding the Power Development Master Plan for 2021-2030 with a vision to 2045 (PDP8) has dominated headlines as project sponsors have scoured the country to confirm business partners, project sites, and potential allies in advance of a sign off from top government officials that was expected at the end of March.
pdp8 expected to be tabled for government approval in june

PDP8 expected to be tabled for government approval in June

The Ministry of Industry and Trade has been asked to revise and adjust the Power Development Plan 8 to submit to the government in June.
mekong delta long term future relying on renewables

Mekong Delta long-term future relying on renewables

The latest draft of the country’s power development plan puts focus on renewable energy development – however, the Mekong Delta should see more attention in the development of renewables to protect its assets in the long run.
high hopes for pdp8 reform of energy mix

High hopes for PDP8 reform of energy mix

The Ministry of Industry and Trade has submitted the National Power Development Plan 8 for approval within this government tenure. Although the plan is designed flexibly, some experts pointed out possible inefficiencies and the risk of wasting financial resources.
capital mobilisation query leads power plan analysis

Capital mobilisation query leads power plan analysis

The third draft of the National Power Development Plan 8 (PDP8) is 843 pages thick but only nine of these cover financial issues, with an average mobilisation of $13 billion per year until 2045. The capital is allocated to power generation, transmission lines for gas, and wind power sources, among others.
pdp8 priorities and risks addressed

PDP8 priorities and risks addressed

The progression of the country’s  National Power Development Plan 8 is a particularly important task for Vietnam to mobilise the resources required to provide sufficient electricity and ensure overall energy security. However, after the publication of the plan’s third draft, several local institutions have criticised the set focus and have warned about entailing risks.