Knowledge Highlights 20 November 2024
Renewable energy in Vietnam given significant boost with approval of National Power Development Plan VIII
On 15 May 2023, the National Power Development Plan VIII (“PDP8”) was approved in Decision 500/QG-TTg and signed by Deputy Prime Minister Tran Hong Ha.
PDP8 sets out the national electricity development plan for the period of 2021 - 2030, with a vision to 2050. It sets out specific electricity generation goals to be reached by 2025, 2030, and 2050 and prioritises renewable energy.
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