Vietnam focuses on development of clean, renewal energy

Renewable energy, often referred to as clean energy, comes from natural sources or processes that are constantly replenished

sunlight or wind keep shining and blowing, even if their availability depends on time and weather

While renewable energy is often thought of as a new technology, harnessing nature’s power has long been used for heating, transportation, lighting, and more

Now that we have increasingly innovative and less-expensive ways to capture and retain wind and solar energy, renewables are becoming a more important power source

With electricity demand projected to continue increasing, the government has implemented policies to ensure Vietnam is on track to meet demand

Vietnam is one of the most efficient power markets in Southeast Asia, driven by low-cost resources such as hydro and coal

The country has achieved around 99 percent electrification with relatively low cost in comparison to neighboring countries.

the government is moving forward to develop renewable energy sources to ensure energy security and addressing the growing power demand.

Energy sources are diverse in Vietnam, ranging from coal, oil, natural gas, hydropower, and renewable energy

Vietnam wants to increase the share of renewable energy and reduce the use of imported coal-fired electricity to ensure energy security, climate change mitigation, environmental protection, and sustainable socio-economic development.