#20: Vietnam’s renewable energy future outlook

With a population soon to reach 100 million people and developing
economy, Vietnam’s electricity has witnessed its demand
increasing by almost 10% on average per year for the last period.
Due to the country’s robust economic development, population
growth, and heavier industrialization and urbanization, the trend
continues to grow, and Vietnamese government is moving forward to
develop renewable energy sources to ensure energy efficiency.
Significantly, thanks to Vietnam’s recent efforts to diversify
its power mix with a heavier focus on renewable energy projects,
the country is now in a great position to build a sustainable
future and attract foreign investments to its energy sector.
Until 2030, this country aims to become one of the most efficient
power markets in Southeast Asia with a wide variety of green
power opportunities. 


 Despite being on the right track for developing and using
clean energy, there are considerable challenges that Vietnam will
need solve, such as Institutional barriers, financial challenges
in the energy sector, potential coal-to-clean energy switch. For
the period of 2021-2030, the capacity structure of coal-fired
power will be reduced from 34% in 2020 to 27% in 2030.

Let's discover more on the renewable energy sector in Vietnam
with our special guests from PNE AG and Trung Nam Group, the
leading companies in solar and wind energy sectors.