| Project Detail |
Promoting the Transition of the Energy Sector in Viet Nam (TEV). Viet Nam needs significant investment in electricity generation and grid expansion in order to keep pace with rising demand. At the same time, the country is endeavouring to meet its international climate commitments and is striving for energy security. As a result, Viet Nam is focusing more on renewable energy. The use of solar energy, in particular, has increased rapidly in recent years, thanks to short-term support measures. However, there is still a need for long-term planning with regard to the development of the power sector. The social and economic impacts of electrification also need to be taken into account, as this issue has not been given enough attention in energy-policy decisions so far. The Vietnamese Government is using its enhanced understanding to implement the strategic, legal and technological requirements for a long-term, environmentally friendly energy transition. |
