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Vietnam's Power Development Plan 8 (PDP8): A bold step towards a net-zero future

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  • Minh Ha-Duong

    (CIRED - Centre International de Recherche sur l'Environnement et le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - Université Paris-Saclay - CNRS - Centre National de la Recherche Scientifique)

Abstract

After years of anticipation, Vietnam's Prime Minister Pham Minh Chinh recently approved Power Development Plan 8 (PDP8, Decision 500/QĐ-TTg). This plan determines how to invest $13.5 billion per year and put the country's electricity system on the way to a net-zero future. The decision comes as Vietnam, which made a head start on other Mekong countries in the clean energy race in 2019-2021, was running out of steam. Releasing the PDP8 was critical to give a new dynamic and unlock investment in the electricity sector.

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  • Minh Ha-Duong, 2023. "Vietnam's Power Development Plan 8 (PDP8): A bold step towards a net-zero future," Post-Print hal-04108991, HAL.
    • Handle: RePEc:hal:journl:hal-04108991
    Note: View the original document on HAL open archive server: https://enpc.hal.science/hal-04108991
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