Vietnam: PDP 8 Revised – Vietnam’s 2030 Installed Power Capacity Targets - State, Government, Laws & Economy

Vietnam: PDP 8 Revised – Vietnam’s 2030 Installed Power Capacity Targets

DFDL Vietnam

30th April 2025

On 15 April 2025, the Prime Minister of Vietnam issued Decision No. 768/QD-TTg, approving the revised National Power Development Plan for the period 2021–2030, with a vision to 2050. This decision takes effect immediately upon issuance and replaces Decision No. 500/QD-TTg, dated 15 May 2023, which previously approved the national power development plan for the same period.

On 15 April 2025, the Prime Minister of Vietnam issued Decision No. 768/QD-TTg, approving the revised National Power Development Plan for the period 2021–2030, with a vision to 2050 (“Adjusted PDP 8”). This decision takes effect immediately upon issuance and replaces Decision No. 500/QD-TTg, dated 15 May 2023, which previously approved the national power development plan for the same period (“PDP 8”).

The Adjusted PDP8 identifies the total power capacity to meet domestic demand. Excluding exports, the projected capacity is adjusted to 183,291 – 236,363 MW by 2030, representing an increase of approximately 27,747 – 80,819 MW from 2023’s PDP 8. This increase primarily results from renewable energy sources and battery energy storage solutions (BESS).

Details of the power capacity targets of each power source in the Adjusted PDP8, compared to the PDP 8 is presented below.

Installed Capacity by Power Source Through 2030

No.	Types of Power Sources	PDP 8 (MW)	Adjusted PDP 8 (MW)
1.	The total capacity of power plants serving domestic demand	150,489 (excluding power export projects and existing rooftop solar power)	183,291-236,363 (excluding power export projects)
2.	Onshore and nearshore wind power	21,880	26,066-38,029
3.	Offshore wind power	6,000	6,000 – 17,032 (put into operation during the 2030–2035 period, which may be accelerated if conditions are favorable)
4.	Ground-mounted and rooftop solar power	12,836 (excluding existing rooftop solar power)	46,459-73,416 (excluding power sources that have no impact or minimal impact on the national power system)
5.	Biomass power, waste-to-energy, geothermal power and other new energy	2,270 (excluding geothermal power and other new energy)	Biomass power: 1,523-2,699 Waste-to-energy power: 1,441-2,137 Geothermal power and other new energy: 45
6.	Hydropower	29,346	33,294-34,667
7.	Pumped storage hydropower	2,400	2,400-6,000
8.	Storage batteries/ Storage sources	300	10,000-16,300
9.	Cogeneration, waste heat, blast furnace gas, and by-products from technological processes	2,700	_
10.	Coal-fired thermal power	30,127	31,055
11.	Domestic gas-fired thermal power	14,930	10,861-14,930
12.	LNG thermal power	22,400	22,524
13.	Flexible power sources	300	2,000-3,000
14.	Imported electricity	5,000-8,000	9,360-12,100
15.	Nuclear Power	_	4,000-6,400 (commissioned from 2030 – 2035)

The above content represents our preliminary update on the Adjusted PDP8. A comprehensive analysis will be provided in our forthcoming legal update.

The information provided is for information purposes only and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.

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