investors await instructions for financing power projects

Investors await instructions for financing power projects

Vietnam is pushing ahead with implementation of its national power strategy, but specific incentives still need to be formulated.
new pdp8 implementation plan brings investment opportunities

New PDP8 implementation plan brings investment opportunities

On April 1, Deputy Prime Minister Tran Hong Ha approved the implementation updates for Vietnam's Power Development Plan VIII (PDP8), which aims to help build strategic objectives, ensure national energy security, and foster investment across all economic sectors. Senior associate Nguyen Thi Cuc Vi and trainee associate Trinh Linh Chi of Dentons LuatViet explain further.
implementation strategy for new power development plan approved

Implementation strategy for new power development plan approved

Deputy Prime Minister Tran Hong Ha has approved the implementation updates for the country's Power Development Plan VIII (PDP8).
readying infrastructure for green growth resilience

Readying infrastructure for green growth resilience

In Vietnam’s Power Development Plan VIII (PDP8), ambitious targets have been set for the development of renewable energy in the country. In order to meet these targets, significant amounts of private investment will need to be deployed.
detailed implementation will direct success of pdp8

Detailed implementation will direct success of PDP8

Emphasis is being made that the implementation of the nation’s power plan for the decade and beyond will not be successful without a detailed plan and clear investor selection process.
norway and vietnam collaborate on energy transition

Norway and Vietnam collaborate on energy transition

The participation of the private sector is seen as an important aspect of implementing Power Development Plan VIII and promoting Vietnam's goal of transitioning from fossil fuels to clean and renewable energy sources.
power plan shapes development direction

Power plan shapes development direction

The future demand, fuel supply, power generation sources, and the regulatory framework are four major elements in in Vietnam’s Power Development Plan VIII that should be carefully elaborated and taken into account in Vietnam’s energy transition process.
effective mechanisms will ensure an efficient pdp8

Effective mechanisms will ensure an efficient PDP8

Vietnam’s National Power Development Plan VIII (PDP8) creates an important basis for developing the framework for investment and introducing new and significant enhancements to regulations for the energy industry in Vietnam over the next decade, toward a greener path.
w rtsil taps flexible generation in power development plan viii

Wärtsilä taps flexible generation in Power Development Plan VIII

Wärtsilä – a global technology group from Finland - is capitalising on the opportunities emerging from flexible generation under the Power Development Plan VIII (PDP8) with its internal combustion engine (ICE) technology.
hcmc proposes 6000mw can gio offshore wind power plant in pdp8

HCMC proposes 6,000MW Can Gio offshore wind power plant in PDP8

Ho Chi Minh City Department of Industry and Trade has put forth a proposal to incorporate the Can Gio offshore wind power plant, boasting a capacity of 6,000MW, into the forthcoming Power Development Plan VIII (PDP8).
localities pinning hopes on pdp8 to help beat the heat

Localities pinning hopes on PDP8 to help beat the heat

With clear evidence that Vietnam’s electricity structure is creaking under the current heat and grid overload, the Power Development Plan VIII contains the acute task of successfully implementing an equitable energy transition in association with smart grid construction and advanced power system management in line with a greener outlook.
wheels begin to turn for energy plan

Wheels begin to turn for energy plan

The newly approved Power Development Plan VIII could open up new space for the country to realise its green path and eliminate bottlenecks in deploying renewable energy.
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.