Vietnam’s state power provider Electricity Vietnam has reported total electricity produced and imported in September 2024 to 24.56 billion kilowatt hours. This brings the total electricity produced and imported for the first nine months of the year to 232.1 billion kilowatt hours, reflecting a 10.9 percent increase over the same period in 2023.
The bulk of this power has been produced by burning coal which accounted for 49.6 percent of Vietnam’s electricity supply in the third quarter of the year, though notably this was down from about 57 percent in the first half of the year.
Of note, earlier this year EVN made the decision to prioritise coal power production and store water in hydropower reservoirs for when coal power was at its peak, in order to shore up the power supply after blackouts in northern Vietnam last year. The third quarter of the year, however, falls in the middle of the rainy season which would explain the increased hydropower production during this period.
See also: Can Vietnam Ever Quit Coal?
Vietnam’s energy mix 2024
Q1 | Q2 | Q3 | ||||
Power Source | kWh bns | % of Total | kWh bns | % of Total | kWh bns | % of Total |
Coal-fired thermal power | 40.0 | 57.6 | 86.3 | 56.9 | 115.3 | 49.6 |
Hydropower | 10.62 | 15.3 | 28.63 | 18.9 | 65.57 | 28.2 |
Renewable energy | 11.5 | 16.5 | 20.7 | 13.7 | 30.1 | 13 |
Gas turbine | 6.1 | 8.7 | 13.1 | 8.6 | 17.2 | 7 |
Imported electricity | 1.2 | 1.7 | 2.6 | 1.7 | 4.0 | 1.7 |
Total | 69.3 | 99.8 | 151.4 | 99.8 | 232.1 | 99.8 |
Source: EVN