BÁO CÁO ĐÁNH GIÁ QUY HOẠCH PHÁT TRIỂN ĐIỆN LỰC QUỐC GIA (QUY HOẠCH ĐIỆN 8)

Summary

This report by Vietnam's Ministry of Industry and Trade evaluates the implementation of Power Development Plan 8 (PDP8) from 2021 to 2024. Commercial electricity consumption grew by 7.2% annually from 2016-2024, reaching 276 billion kWh in 2024, while peak load increased to nearly 49 GW. The total installed capacity grew from 42 GW in 2016 to approximately 87 GW in 2024, with significant additions from solar and wind, reaching 9 GW and 6 GW respectively. While overall power supply has met demand, the report highlights challenges such as lower-than-planned implementation rates for onshore wind (19%), large/medium hydro (42%), and small hydro (36%) projects against the 2023-2025 plan. Investment for power development is estimated at US$12 billion/year for generation and US$1.5 billion/year for transmission for 2021-2030. PDP8 targets 335 billion kWh commercial electricity and 59 GW peak load by 2025.

Key Facts

Source Document

https://example-government.gov/policy-document-link