Sponsors | Exhibitors
Vietnam Energy Summit 2020
Senior Government Leaders at the event
The conference has the participation of senior leaders from central and local ministries, as well as leading national and international energy experts
Vietnam's energy market potential
In the energy sector, demand has increased at a compound annual growth rate of 13% since 2000 and is expected to continue to grow at 8% until 2030. The Government estimates that the power capacity needs to increase from 42 GW to 60 GW in 2020 and 100 GW in 2030.
In the electricity sector, demand has grown at a compound annual growth rate of 13% since 2000 and is projected to continue to grow at 8% through 2030. The Government estimates that generation capacity needs to increase from the current 42 GW to 60 GW by 2020 and to 100 GW by 2030.
This would require the installation of 5 GW annually between 2018 and 2030, which poses huge technical, administrative, and financial challenges. High levels of historic investment at close to US$8 billion annually will need to be further increased to about US$8–12 billion annually frontloaded through 2030, with an increasing shift toward investments in renewable energy, thermal generation, and network infrastructure.
Source: Report “Vietnam – Maximizing Finance for Development in the Energy Sector” – World Bank