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Tag: electricity
The Electricity category covers trends and developments in power generation, transmission, and distribution. It explores renewable energy adoption, grid modernization, infrastructure investment, and regulatory policies, providing insights into energy pricing, supply-demand dynamics, and sustainability efforts. This section is essential for stakeholders in the power and energy sectors.
Energy: Coal power generation dominates Vietnam electricity supply H1 2025
Vietnam’s total power output in the first half of 2025 reached 155.79 billion kWh, with a record daily output of 1.04 billion kWh and peak capacity of 51,672 MW, according to a press release from state power provider Vietnam Electricity (EVN).
Energy: Germany’s GEO Group to invest US$50 million in Vietnam renewable energy training hub
Germany’s GEO Group will invest US$50 million to develop a renewable energy workforce training and development centre in Binh Dinh province, in south-central Vietnam, The Investor has reported.
Energy: US$2.56 billion LNG power plant in Northern Vietnam’s Thai Binh to break ground this year
A US$2.56 billion liquefied natural gas (LNG) power plant project in Thai Binh province is scheduled to begin construction in late 2025, The Investor has reported. The plant, backed by Japanese firms Tokyo Gas and Kyuden Group alongside Truong Thanh Vietnam, is among 11 LNG power projects planned for commissioning between 2028 and 2029.
Electricity: Vietnam generates 127.6 billion kWh in first five months of 2025, coal remains dominant
Vietnam’s total electricity output for the month of May was 28.6 billion kWh, with the system reaching a peak capacity of 49,759 MW, according to a press release from state power providers Electricity Vietnam. Notably, coal remains the key power source accounting for 56.8 percent of power generated.
Energy: Vietnam major hydropower dam just 5 metres from dead water level
Vietnam’s largest hydropower reservoir is running at a critically low level of 85.05 metres as of June 10, 2024, Tuoi Tre has reported. While officials insist generation remains unaffected, comparisons with 2023 data suggest the plant has just 3 days of full-capacity generation remaining before hitting its operational floor — underscoring the fragility of the energy supply heading into peak demand season.
Automotive: Vietnam introduces separate electricity tariff for EV charging stations
Vietnam has introduced a separate electricity pricing mechanism for electric vehicle (EV) charging stations under Decision 14/2025, effective May 29, Nguoi Quan Sat has reported. This is as opposed to being charged at either the retail or business price.
Energy: Vietnam receives first JETP funding with €67 million French loan for grid upgrades
Vietnam has secured its first funding under the Just Energy Transition Partnership (JETP), with the French Development Agency (AfD) providing €67 million to the National Power Transmission Corporation (EVNNPT) for major transmission projects, VN Express has reported.
Energy: Vietnam’s electricity market to reach US$26.76 billion by 2032: Report
The Vietnam power market was valued at US$17.97 billion in 2024 and is forecast to grow to US$26.76 billion by 2032, with a CAGR of 5.1 percent from 2026 to 2032, according to Verified Market Research.
Energy: Investors allege Vietnam solar, wind subsidies cut without consent: Reuters
Vietnam’s state utility EVN has retroactively reduced previously agreed feed-in tariffs (FiTs) for some solar and wind projects, an investors’ petition seen by Reuters has alleged. A subsidiary of EVN has reportedly been calculating payments based on an FiT lower than what was originally agreed.
Electricity: Vietnam power mix in early 2025 dominated by coal despite renewable gains
Coal remained Vietnam’s dominant power source in the first four months of 2025, accounting for over 57 percent of total generation, according to new data from Vietnam Electricity Group (EVN). Despite ongoing investment in renewables, hydropower and solar each contributed less than one-fifth, underscoring the country’s continued reliance on fossil fuels during the dry season.
Electricity: Vietnam raises average power price by 4.8 percent from May 10
The average retail electricity price in Vietnam will rise from VND 2,103.11 to VND 2,204.07 per kWh, a 4.8 percent increase from today, according to a press release from state power provider Electricity Vietnam (EVN). The move has been driven by rising input costs—notably coal, gas, oil, LNG, and the exchange rate—with low-cost hydropower only expected to supply 25 percent of total demand in 2025, the release says.
Electricity: Vietnam releases generation price framework for solar power
Vietnam’s Ministry of Industry and Trade has officially announced its electricity generation price framework. The Decision, effective upon signing, establishes maximum electricity generation prices (excluding VAT) for both solar power plants without and with battery storage systems, differentiated by region (North, Central, and South).
Vietnam’s Revised Power Development Plan 8: A Missed Opportunity
Last week, the Government of Vietnam issued a Decision significantly revising the Power Development Plan 8 (PDP8). However, whereas this could have been an opportunity to redesign the PDP8 to align more closely with on-the-ground realities, this opportunity looks to have been missed.
Vietnam’s Revised Power Development Plan 8 2025: What’s Changed?
Last week, the Government of Vietnam issued Decision 768/QD-TTg significantly revising the Power Development Plan 8 (PDP8). This comes less than two years after the first PDP8 was issued and makes some substantial changes to Vietnam’s goals and expectations. Notably, the PDP8 is a cornerstone of Vietnam’s electricity industry, and with this in mind, this article breaks down how this plan has changed.
Vietnam’s Wind Power Industry 2025: Policies, Companies & Projects
To fully realise its wind power potential, Vietnam will need to address several challenges, including regulatory uncertainties, grid infrastructure limitations, and financing hurdles. The transition from feed-in tariffs to a competitive bidding mechanism for new projects is expected to create a more stable and transparent investment environment, attracting both domestic and foreign investors.
Vietnam’s Solar Power Industry 2025: Policy Shifts, Growth, Challenges
Vietnam’s solar power industry has experienced rapid growth in recent years, driven by favourable government policies and increasing demand for renewable energy. With abundant solar potential due to its geographical location, the country has become a significant player in the Southeast Asian renewable energy market. However, regulatory uncertainty has become a key bug-bear for foreign firms and this has slowed the industries development.
Vietnam’s electricity output up 4.5 percent year-on-year in Q1
Vietnam’s electricity production reached 28.1 billion kilowatt-hours in March, up from 23.0 billion kilowatt-hours in February. Total output for the first quarter reached 74.7 billion kilowatt-hours, reflecting a 6.4 percent increase compared to March 2024 and a 4.5 percent year-on-year rise, according to data from the General Statistics Office.
Electricity: Vietnam generates 72.2 billion kWh in Q1 2025, coal dominates energy mix
Vietnam’s total electricity generation and imports reached 72.2 billion kWh in the first quarter of 2025, with coal-fired power accounting for more than half of the country’s energy supply, according to data from state-owned power provider Electricity Vietnam.
Delays, legal hurdles, weak policy incentives holding back Vietnam waste-to-energy projects
Vietnam’s waste-to-energy (WtE) projects, widely seen as critical for addressing urban pollution and generating renewable energy, are hampered by administrative complexity, legal overlaps, and an uncompetitive pricing framework. Despite strong environmental potential, most projects take 5 to 8 years to complete, with many facing long delays, VietnamNet is quoting an ‘investor’ as saying.
FDI investors warn of financial distress if Vietnam retroactively revises solar FIT
Vietnam is considering retroactively adjusting the Feed-in Tariff (FIT) rates for solar energy projects raising significant concerns among foreign direct invested (FDI) enterprises. The FIT rate, initially set at 9.35 cents per kilowatt-hour (kWh) could potentially be reduced to 7.09 cents or even 4.8 cents per kWh, VN Express has reported.
Q2 2025