Vietnam Ho Chi Minh Energy System Parameters

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6 Frequently Asked Questions about “Vietnam Ho Chi Minh Energy System Parameters”

What percentage of electricity is renewable in Viet Nam?

Viet Nam aims for 47% renewable electricity by 2030, which is below the global share of 60% renewable electricity set out in the IEA Net Zero Emissions scenario. Explore the latest data on Viet Nam's energy transition. How clean is Viet Nam's electricity?

Who regulates electricity in Vietnam?

The Directorate General of Electricity and Renewable Energy (EREA), under the MOIT, is responsible for overall energy planning and policy. The Electricity Regulatory Authority of Vietnam (ERAV), which is responsible for establishing and supervising the power market, power planning, tariff regulation and licensing.

What percentage of Viet Nam's electricity comes from low-carbon sources?

44% of Viet Nam's electricity was generated from low-carbon sources in 2024, above the global average of 41%. It was the 18th largest country by electricity demand. Viet Nam's largest source of clean electricity is hydro (31%). Its share of wind and solar (13%) is below the global average (15%).

Why does Vietnam maintain a monopoly of electricity transmission grids?

The Vietnamese Government maintains its monopoly of electricity transmission grids to ensure the national energy security. Vietnam's existing energy infrastructure is inadequate with weak grid capacity, which obstructs the integration of new capacity, particularly from renewable energy projects.

How much does electricity cost in Vietnam?

The current energy price is at an average of VND1,533-2,580 (USD 6.3 cent – USD 10.75 cent) per kWh, depending on usage. Vietnam currently has 73 power plants (hydro, thermal, gas, renewables source), 48 of those with capacity greater than 30MW.

How much wind power does Vietnam have?

A study by the World Bank estimated that 8.6% of Vietnam's land mass could be used for wind power. The country has an estimated total wind power potential between 24.0 GW and 26.7 GW.