Vietnam has the world’s third-largest pipeline of new coal power projects after India and China. Read more at straitstimes.com.
HANOI - Vietnam will not develop new coal power plants after 2030, according to a long-delayed national power plan published Tuesday, although the blueprint drew criticism that the transition to renewables is too slow.at the COP26 climate summit in 2021.
According to the new plan, known as Power Development Plan 8, “by 2030, only coal power projects that have already been approved and those under construction can proceed”. Researcher Andri Prasetiyo of Trend Asia said the decision to move forward with coal power projects until 2030 would “significantly increase the country’s coal power capacity, hindering the development of renewable energy sources”.Domestic gas will account for 9.9 per cent of the country’s energy by 2030.The power development plan, approved by Prime Minister Pham Minh Chinh on Monday, pledges that coal will no longer be used for electricity production by 2050.
The power development plan also outlines a target for 50 percent of office and residential buildings to use self-produced solar power by 2030.
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