Battery energy storage systems are opening up new opportunities for rooftop solar power in Việt Nam, improving electricity efficiency and strengthening energy security.
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 proposed restructuring would separate electricity generation, transmission, distribution and retail, according to Bùi Quốc Hùng, deputy head of the ministry''s Electricity Authority of Vietnam.
The plan outlines the restructuring of capital in EVN''s subsidiaries and the organisation of electricity generation, transmission, distribution and retail activities.
With a planned capacity of 495MW and an estimated investment of US$768 million, the project is expected to commence commercial operations by December 31, 2028.
Capital flows into AI and data centres are looking beyond location and prioritising infrastructure quality, developer capabilities and their ability to meet stringent operating standards.
The Ministry of Science and Technology has urged the Ministry of Industry and Trade to instruct EVN to implement the guidance on the application of electricity tariffs to data centres consistently nationwide and maintain uninterrupted electricity supplies to data centres.
Việt Nam faces rising risks of power shortages through the end of the decade as electricity demand from data centres, artificial intelligence (AI), semiconductor manufacturing and electrified transport is booming.
Access to stable green energy at reasonable costs is now becoming the decisive factor as green power is directly affecting investment decisions by multinational corporations, the ability to retain export orders and businesses'' participation in global value chains.
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.
The ministry has instructed Vietnam Electricity (EVN) and power producers to use the approved price framework when negotiating and signing power purchase agreements (PPAs).
Achieving greater energy independence is becoming increasingly important for Vietnamese businesses as electrification, digital transformation and the global transition towards low-carbon development reshape manufacturing, supply chains and international trade.
Hà Nội’s power sector is accelerating the shift towards a data-driven smart grid, demonstrating how science, technology and digital transformation under Resolution 57 are being applied to modernise critical infrastructure.