PM approves the Plan to implement the National Power Development Master Plan VIII

On April 01, 2024, the Prime Minister issues Decision No. 262/QD-TTg on approving the National Power Development Master Plan for the 2021-2030 period, with a vision to 2050 (Power Master Plan VIII).

Accordingly, list of electricity source projects important and prioritized for investment of the sector by 2030, including:

- Total domestic gas-fired thermal power capacity shall be 14,930 MW. List of new construction investment projects and operating progress shall be specified in Table 1, Appendix III.

- Total LNG-fueled thermal power capacity shall be 22,400 MW. List of new construction investment projects and operating progress shall be specified in Table 2, Appendix III.

- Total coal-fired thermal power capacity shall be 30,127 MW. List of new construction investment projects and operating progress shall be specified in Table 3, Appendix III.

- Total power capacity generated from combined heat and power (CHP), unused heat, furnace air and by-products of technological lines in industrial establishments shall be 2,700 MW. List of new construction investment projects and operating progress shall be specified in Table 5, Appendix III.

- Total hydro power capacity shall be 29,346 MW. List of medium and large sized projects that require to be newly constructed and operating progress shall be specified in Table 6, Appendix III.

- Total hydro power capacity shall be 2,400 MW. List of new construction investment projects and operating progress shall be specified in Table 7, Appendix III.
 

National Power Development Master Plan VIII
PM approves the Plan to implement the National Power Development Master Plan VIII (Illustration)

Power capacity generated from renewable energy sources of localities/regions and list of power source projects by 2030

- Total offshore wind power capacity shall be 6,000 MW. Offshore wind power capacity by region shall be specified in Table 1, Appendix II.

- Total onshore wind power capacity (wind power on land and near shore) shall be 21,880 MW. List of onshore wind power projects shall be specified in Table 9, Appendix III.

- Total hydro power capacity shall be 29,346 MW. List small-sized and newly constructed hydro power projects shall be specified in Table 10, Appendix III.

- Total biomass electricity capacity shall be 1,088 MW. List of newly constructed biomass electricity projects shall be specified in Table 11, Appendix III.

- Total garbage-fueled electricity capacity shall be 1,182 MW. List of newly constructed biomass electricity projects shall be specified in Table 12, Appendix III.

- Total add-up rooftop solar (self-generating and self-consuming) power capacity shall be 2,600 MW. Results of rooftop solar power distribution by provinces shall be specified in Table 6, Appendix II.

- Total battery storage capacity shall be 300 MW. List of newly constructed projects shall be specified in Table 8, Appendix III.

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