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Vietnam at the dawn of its energy transition
[Le Vietnam à l'aube de sa transition énergétique]

Author

Listed:
  • Minh Ha-Duong

    (CIRED - Centre International de Recherche sur l'Environnement et le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - Université Paris-Saclay - CNRS - Centre National de la Recherche Scientifique)

Abstract

Vietnam's Power Development Plan 8 (PDP8) sets a course for the country's energy transition to carbon neutrality by 2050. The plan targets significant growth in renewable energy, diversification of energy sources, and reduced reliance on imported coal. However, implementing PDP8 poses considerable challenges, including securing an estimated $13 billion annually for new power capacities and grid upgrades, expanding the power grid to accommodate more renewables, and managing the risk of dependence on imported liquefied natural gas (LNG). The success of this plan could provide a model for other middle-income countries undergoing similar energy transitions.

Suggested Citation

  • Minh Ha-Duong, 2024. "Vietnam at the dawn of its energy transition [Le Vietnam à l'aube de sa transition énergétique]," Post-Print hal-04571483, HAL.
    • Handle: RePEc:hal:journl:hal-04571483
    DOI: 10.3917/med.205.0115
    Note: View the original document on HAL open archive server: https://enpc.hal.science/hal-04571483v1
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    References listed on IDEAS

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    1. Joel Maweni & Jyoti Bisbey, 2016. "A Financial Recovery Plan for Vietnam Electricity," World Bank Publications - Reports 24035, The World Bank Group.
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    Cited by:

    1. Minh Ha-Duong, 2024. "Power system planning in the energy transition era: the case of Vietnam's Power Development Plan 8," CIRED Working Papers hal-04683709, HAL.

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