The Alluring Vietnamese Vision: Powering an Ambitious Future
In a significant move, Vietnam’s government has unveiled an ambitious strategy for the country’s energy future, with the Deputy Prime Minister, Bui Thanh Son, approving revisions to the eighth national power development plan. This updated plan, outlined on the government news portal, sets a bold vision for 2050, with a particular focus on renewable energy and smart grid infrastructure. The strategy, covering 2021–2030 with a long-term outlook, emphasizes the development of intelligent grids capable of integrating vast renewable energy sources. It also underscores the importance of strengthening grid interconnectivity with Vietnam’s neighbors, including China, Laos, and Cambodia, to maintain power supply stability. A key target is to achieve a substantial renewable electricity ratio, excluding hydropower. By 2030, Vietnam aims for renewables to contribute 28–36% of electricity generation, with a dramatic rise to 74–75% by 2050. This shift is complemented by a goal to have 50% of off...