Vietnam Power Market Outlook to 2035, Update 2024 - Market Trends, Regulations, and Competitive Landscape
Summary
This report discusses the power market structure of Vietnam and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. Detailed analysis of the country’s power market regulatory structure, competitive landscape, and a list of major power plants are provided. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential. An analysis of the deals in the country’s power sector is also included in the report.
Scope
- Snapshot of the country’s power sector across parameters - macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector.
- Statistics for installed capacity, generation, and consumption from 2015 to 2023, and forecast for the next 12 years to 2035
- Capacity, generation, and major power plants by technology
- Data on leading active and upcoming power plants
- Information on transmission and distribution infrastructure, and electricity imports and exports
- Policy and regulatory framework governing the market
- Detailed analysis of top market participants, including market share analysis and SWOT analysis
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector
- Identify key factors driving investment opportunities in the country’s power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development avenues
- Identify key strengths and weaknesses of important market participants
- Respond to your competitors’ business structure, strategy, and prospects
- 1 Executive Summary
- 1.1 Coal to dominate power sector till next decade.
- 1.2 Solar PV and wind sector to dominate renewable power mix.
- 2 Introduction
- 2.1 Vietnam Power Market
- 2.2 GlobalData Report Guidance
- 3 Vietnam Power Market, Snapshot
- 3.1 Country Summary
- 3.2 Macroeconomic Factors
- 3.3 Supply Security
- 3.4 Opportunities
- 3.5 Challenges
- 3.6 Geopolitical Crisis
- 4 Vietnam Power Market, Market Analysis
- 4.1 Market Structure
- 4.2 Key Market Players
- 4.3 Financial Deals
- Deal Value and Volume, 2015-2023
- Deals by Type, 2023
- 4.4 Vietnam Power Market, Demand Structure
- Power Consumption by Sector, 2023
- 5 Renewable Energy Policy, Vietnam
- 5.1 Renewable Energy Market, Overview
- 5.2 Policy Snapshot
- 5.3 Renewable Energy Targets
- 5.4 Introduction of Competition in Power Market
- 5.5 Power Development Plan VIII (PDP VIII)
- 5.6 Revised Power Development Plan VII (PDP VII)
- 5.7 Renewable Energy Development Strategy 2016-2030 with outlook until 2050 (REDS)
- 5.8 National Green Growth Strategy
- National Green Growth Strategy 2021-2030
- 5.9 Feed-in Tariffs (FiTs)
- Biopower Feed-in-Tariffs
- 5.10 Avoided Cost Tariff (AVCT) for small hydro.
- 5.11 Net Metering Scheme
- 5.12 Model Power Purchase Agreements
- Solar PPA Model
- Wind Power PPA Model
- 5.13 Direct Corporate Power Purchase Agreement (DPPA)
- Market access through CPTPP and EUVNFTA
- 5.14 Local Provincial Rules for renewable energy development
- Tariff Guidelines for Solar Rooftop Projects
- 5.15 Competitive Auction Mechanism
- 5.16 Other incentives for Renewable Power Projects
- 6 Vietnam Power Market, Capacity and Generation
- 6.1 Cumulative Capacity Share by Technology, 2023
- 6.2 Total Power Capacity and Generation, 2015-2035
- 6.3 Thermal Power Capacity and Generation, 2015-2035
- 6.4 Hydropower Capacity and Generation, 2015-2035
- 6.5 Renewable Power Capacity and Generation, 2015-2035
- 7 Vietnam Power Market, Transmission and Distribution Overview
- 7.1 Transmission Network
- 7.2 Distribution Network
- 7.3 Electricity Import and Export
- 7.4 Grid Interconnection
- 8 Vietnam Power Market, Major Generating Companies
- 8.1 Vietnam Electricity
- Company Overview
- Business Description
- SWOT Overview
- 8.2 PetroVietnam Power Corp
- Company Overview
- Business Description
- 8.3 Vinacomin-Power Holding Corporation Limited
- Company Overview
- Business Description
- 8.4 POSCO Energy Co Ltd
- Company Overview
- Business Description
- 9 Appendix
- 9.1 Abbreviations
- 9.2 Methodology
- Coverage
- Secondary Research
- Primary Research
- Modelling and Forecasting
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Power Market, Vietnam, Macroeconomic Factors, 2015-2030
- Table 2: Policy Snapshot, Vietnam, 2023
- Table 3: PDP VIII, Capacity Forecast, 2030 and 2050
- Table 4: Renewable Energy Targets for Total Primary Energy Consumption, Vietnam, 2020-2030
- Table 5: Power Market, Vietnam, Cumulative Capacity and Annual Generation, 2015-2035
- Table 6: Power Market, Vietnam, Cumulative Capacity and Annual Generation Share by Technology, 2015-2035
- Table 7: Thermal Power Market, Vietnam, Cumulative Capacity and Annual Generation, 2015-2035
- Table 8: Thermal Power Market, Vietnam, Major Plants, 2023
- Table 9: Hydropower Market, Vietnam, Cumulative Capacity and Annual Generation, 2015-2035
- Table 10: Hydropower Market, Vietnam, Major Plants, 2023
- Table 11: Renewable Power Market, Vietnam, Cumulative Capacity (GW), 2015-2035
- Table 12: Renewable Power Market, Vietnam, Annual Generation (TWh), 2015-2035
- Table 13: Renewable Power Market, Vietnam, Major Plants, 2023
- Table 14: Power Market, Vietnam, Transmission Line Length (Ckm) by Voltage Level, 2015-2028
- Table 15: Power Market, Vietnam, Distribution Line Length (Ckm) by Voltage Level, 2015-2028
- Table 16: Power Market, Vietnam, Annual Electricity Import and Export (TWh), 2015-2023
- Table 17: Power Market, Vietnam, Upcoming Interconnection Projects
- Table 18: Abbreviations
- List of Figures
- Figure 1: Power Market, Vietnam, Coal Power Capacity and Generation, 2015-2035
- Figure 2: Renewable Power Market, Vietnam, Cumulative Capacity, 2023-2035
- Figure 3: Power Market, Vietnam, Country Summary
- Figure 4: Power Market, Vietnam, Macroeconomic Factors, 2015-2030
- Figure 5: Power Market, Vietnam, Market Structure
- Figure 6: Power Market, Vietnam, Market Share of Generation Companies (%), 2023
- Figure 7: Power Market, Vietnam, Deal Value and Number of Deals, 2015-2023
- Figure 8: Power Market, Vietnam, Deals by Type (%), 2023
- Figure 9: Power Market, Vietnam, Annual Power Consumption, 2015-2035
- Figure 10: Power Market, Vietnam, Power Consumption by Sector (%), 2023
- Figure 11: Power Market, Vietnam, Cumulative Capacity Share by Technology (%), 2023
- Figure 12: Power Market, Vietnam, Cumulative Capacity and Annual Generation, 2015-2035
- Figure 13: Power Market, Vietnam, Capacity Share by Technology, 2015-2035
- Figure 14: Power Market, Vietnam, Annual Generation Share by Technology, 2015-2035
- Figure 15: Thermal Power Market, Vietnam, Cumulative Capacity and Annual Generation, 2015-2035
- Figure 16: Hydropower Market, Vietnam, Cumulative Capacity and Annual Generation, 2015-2035
- Figure 17: Renewable Power Market, Vietnam, Cumulative Capacity, 2015-2035
- Figure 18: Renewable Power Market, Vietnam, Annual Generation, 2015-2035
- Figure 19: Power Market, Vietnam, Annual Electricity Import and Export, 2015-2023
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