A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

Vietnam power output up 10.6 percent January through October

Vietnam’s state power provider Electricity Vietnam has reported total electricity produced and imported in October 2024 to 25.96 billion kilowatt hours. This brings the total electricity produced and imported for the first ten months of the year to 258.7 billion kilowatt hours, reflecting a 10.6 percent increase over the first ten months of 2023.

The bulk of this power has been produced by burning coal which accounted for 48.7 percent, down slightly from 49.6 percent in September. Coal was followed by hydropower which provided 29.5 percent of Vietnam’s electricity supply in October.

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

See also: Electricity in Vietnam

Vietnam’s energy mix 2024

H1 Q3 October
Power Source kWh bns % of total kWh bns % of Total kWh bns % of total
Coal-fired thermal  126.3 56.9 115.3 49.6 125.99 48.7
Hydropower 39.25 18.9 65.57 28.2 76.31 29.5
Renewable energy 32.2 13.7 30.1 13 32.88 12.7
Gas turbine 19.2 8.6 17.2 7 18.46 7.1
Imported electricity 3.8 1.7 4 1.7 2.03 0.8
Total 151.4 99.8 232.1 99.8 255.67 98.8

Source: Electricity Vietnam