Minister of Industry and Trade Lê Mạnh Hùng said that the power system is expected to face mounting pressure in 2027, with conditions potentially becoming more challenging in 2028.
The PM also called for stronger electricity-saving measures, requiring annual savings of at least 3 per cent of national power consumption and at least 10 per cent during peak hot-weather months from April to July.
Stressing that ensuring energy security and a reliable power supply us critical as Việt Nam pursues double-digit growth, PM Hưng called on stronger determination and efforts to make necessary adjustments to the revised PDP8 to meet the rising demand.
The National Power System and Market Operation Company (NSMO) forecasts that nationwide peak demand could approach 100,000-110,000 MW by 2030, almost double current levels.
Vietnam Electricity (EVN) is stepping up measures to secure power supply for the coming dry season, as rising demand and global uncertainties put pressure on the energy system.
Prime Minister Phạm Minh Chính asked relevant agencies and authorities to ensure sufficient supply of electricity and petroleum products in all situations.
Ministry of Industry and Trade said it has scenarios in place in case of prolonged extreme hot weather and coal-fired power plants ping output, to make sure electricity supplies will hold.
Experts believe that accelerating the development progress of projects in the energy sector can ensure electricity supply in both the short and long terms.
Statistics showed that Việt Nam Electricity (EVN) commercial electricity output reached 62.66 billion kWh in the quarter, up by 11.42 per cent against the same period last year.
A delegation of the Ministry of Industry and Trade and the EU Delegation to Viet Nam had a meeting with Gia Lai''s authorities on electricity supply for rural areas and renewable energy development.
Electricity supplied from Viet Nam has facilitated economic development in Laos and improved living standards of villagers in border districts, said Vilaphorn, assistant to Director of the Electricity Corporation of Laos (Electricite Du Laos - EDL) on Tuesday.