Nation Thailand
Vietnam risks severe power shortages by 2030 as demand surges
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Vietnam could be short of roughly 61 billion kilowatt-hours (kWh) of electricity in 2030, according to a Ministry of Industry and Trade assessment that weighs rising demand from data centres, artificial intelligence (AI), semiconductor manufacturing and electrified transport against delays to new generation and grid capacity.
Key facts
- For 2027, the Ministry of Industry and Trade estimates a capacity deficit of about 4,256 megawatts (MW) and an energy shortage of 2.9 billion kWh.
- The projected energy gap then climbs to 20.7 billion kWh in 2028, 50.4 billion kWh in 2029 and around 61 billion kWh in 2030.
- The Ministry of Industry and Trade proposes using state funding to put about 2,800 MW of rooftop solar on hospitals, schools and government offices, with completion targeted before June 2027.
- The proposed target is 3,000 to 5,000 MW before the dry seasons of 2027 and 2028, alongside a separate 2 to 3 gigawatts (GW) of battery storage for peak demand.
- The Ministry of Industry and Trade says around 1 GW of additional generation should enter operation in 2027.
- It also wants 3 GW of solar and 2 GW of onshore and nearshore wind brought into operation in 2028 from projects that already have investment approval and selected investors.
Summary
For 2027, the Ministry of Industry and Trade estimates a capacity deficit of about 4,256 megawatts (MW) and an energy shortage of 2.9 billion kWh.
The projected energy gap then climbs to 20.7 billion kWh in 2028, 50.4 billion kWh in 2029 and around 61 billion kWh in 2030.