Insights for Vietnam’s Energy Transition in the Power Sector and international cooperation

Minh Ha-Duong and Trinh Hoang Anh Nguyen ()
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Trinh Hoang Anh Nguyen: 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 nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique

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Abstract: The document discusses Vietnam's energy transition in the power sector and emphasizes the potential for rapid systemic change to meet increasing power demands. It highlights the competitive nature of renewable energy costs relative to fossil fuels, and the exponential growth of solar and wind power generation. The insights presented suggest that renewables, along with hydro, flexible thermal power, and batteries, can ensure system reliability at acceptable costs. Power market reforms are proposed as a way to facilitate investment in clean energy, and technological trends indicate a shift towards a smart, decentralized energy system. International cooperation is recognized as playing a significant role in Vietnam's shift from coal to more domestic, affordable, and quickly implementable renewable energy sources.

Date: 2019-01-17
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Published in Vietnam Sustainability Forum 2019, Jan 2019, Hanoi, Vietnam

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04486762

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