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Update news energy industry
The last several months have been dynamic for the energy sector in Vietnam, with a number of key developments.
The absence of laws on energy and in particular renewable energy is causing an imbalance between the stages of production, transmission and consumption of coal-fired power, solar power, and wind power in Vietnam.
In order to realise its climate pledges, Vietnam is looking into alternative energy sources, but the sluggish development of the nation’s key power development plan is likely to keep its ambitions out of reach.
The Vietnamese government has enacted long-term development orientations and a strategy for the power sector, including energy efficiency measures to ensure national energy security.
VietNamNet Bridge – Some 40 percent of over 1,100 small-scale hydropower projects will be eliminated from the national power development plan due to low efficiency or lack of investor interest,