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Resolution No 55NQ/TW on the orientation of the National Energy Development Strategy of Vietnam to 2030

legislation type Executive
Resolution
Passed in 2020
This resolution reviews the National Energy Development Strategy of Vietnam to 2030 and extends its goals to 2045. It aims in particular at fostering the development of renewable energy sources by easing the regulatory framework and improving the economic structure of the energy sector. 

Documents

Climate targets in this law
3 targets
  • 15-20% proportion of renewables in energy mix by 2030, reaching 25-30% by 2045.
    Energy | Fixed level target | Base year: 2020
  • Ratio of energy efficiency on total final energy consumption compared to the business-as-usual (BAU) scenario to reach approximately 7% in 2030 and 14% by 2045
    Energy | Baseline scenario target | Base year: 2020
  • Reduce greenhouse gas emissions from energy activities compared to the business-as-usual (BAU) scenario by 15% in 2030 and 20% in 2045
    Energy | Baseline scenario target | Base year: 2020
from the Grantham Research Institute
from the Grantham Research Institute
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