Viet Nam Energy Transition Forum 2024

During the “Viet Nam Energy Transition Forum 2024”, organised by the State Agency for Technology and Innovation (Ministry of Science and Technology) in collaboration with the Hanoi Department of Industry and Trade and the GIZ Energy Support Program (GIZ ESP), experts noted that the proportion of installed capacity of renewable energy, particularly wind and solar power, in Viet Nam’s power system has increased rapidly in recent years and will continue to be promoted following the objectives outlined in PDP8. The electricity system must adapt to the rapid expansion of volatile renewable energy sources. To enhance the system’s flexibility, new technologies must be incorporated.  

Nguyen Mai Duong, Head of the General Department of the State Agency for Technology and Innovation, emphasised that promoting renewable energy technology in Viet Nam requires cooperation from three parties: regulatory agencies, research organisations and businesses, in which companies play a crucial role as they implement policies in their business activities.