About Vietnam s new outdoor power supply field
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About Vietnam s new outdoor power supply field video introduction
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6 FAQs about [Vietnam s new outdoor power supply field]
Why is Vietnam revising its long-term power development plan?
Vietnam is revising their long-term power development plan less than two years after its release, as previous capacity expansion targets have become unrealistic. The urgency to fill immediate supply gaps leaves planners with limited options: a razor-sharp focus on renewables, battery storage, and electricity imports from now until 2030.
What is the new Electricity Law in Vietnam?
On 30 November 2024, the Vietnamese National Assembly adopted the new Electricity Law as Law No. 61/2024/QH15 (“ 2024 Electricity Law “) with 439 out of 463 votes. The 2024 Electricity Law was announced on 20 December 2024 via an Order of the President. It will take effect from 1 February 2025.
What does the 2024 Electricity Law mean for Vietnam?
The 2024 Electricity Law is a turning point for Vietnam’s power and electricity sector, aiming to address national energy security and meet the country’s development needs.
What changes will Vietnam's energy sector face in 2025?
As the end of 2024 approaches, Vietnam’s energy sector is moving forward to 2025 with aspirations and numerous fundamental changes in policy and legislative directions under a new electricity law. In this update, we summarise these changes. Directions and Drivers
How long will Vietnam's master power development plan last?
Vietnam’s energy planners have gone back to the drawing board, revising the country’s master power development plan, PDP8. Released in 2023, it was meant to last at least five years, laying out the national power system blueprint up to 2030. However, the core targets have quickly proven to be unattainable.
What is an offshore wind power project in Vietnam?
Under the 2024 Electricity Law, in order for a project to be named as an offshore wind power project, the project must include all wind turbines built in the waters of Vietnam and located outside the lowest average sea level edge line of the mainland towards the sea for many years.


