Article

Vietnam's Ministry of Industry and Trade is updating the national energy master plan for 2021-30 in response to a new economic growth target of double-digit expansion for 2026-30. The revisions reflect changing energy demand projections and the need for energy security.

Key metrics include a projected energy demand of 120-130 million tonnes of oil equivalent by 2030 and a renewable energy share of 25-30% of total primary energy supply. Plans include enhancing LNG import capacity and targeting green hydrogen production of 100,000-200,000 tonnes annually by 2030. The draft also aims to establish two renewable energy industrial centres and export 5,000-10,000 megawatts of electricity.