PECC3

18/04/2025

PDP8 REVISION: A STRATEGIC DIRECTION FOR SUSTAINABLE ENERGY TRANSITION IN VIETNAM

On April 15, 2025, the Prime Minister signed Decision No. 768/QĐ-TTg, approving the revised National Power Development Plan for the period 2021–2030, with a vision to 2050 (PDP8 Revision). This is a significant update that concretizes the orientation for energy development in line with socio-economic realities, global energy transition trends, and international commitments on climate change response. Ensuring National Energy Security The revised PDP8 sets the goal of ensuring sufficient electricity supply for national development, targeting an average GDP growth of 10% per year during 2026–2030 and 7.5% per year during 2031–2050. Commercial electricity output in 2030 is projected to reach 500.4–557.8 billion kWh and increase to 1,237.7–1,375.1 billion kWh by 2050. Peak power capacity is expected to reach 89,655–99,934 MW in 2030 and 205,732–228,570 MW by 2050. The plan covers the entire territory of Vietnam and includes interconnection projects with neighboring countries, focusing on the development of power sources,…