The government of Vietnam has promulgated the Plan to implement Vietnam's Global Declaration on Coal-fired Power Transition to Clean Energy, which proposes a roadmap to stop the operation of over 3.3 GW of coal-fired power plants that have run out of old economic and technological life by 2050. Under the plan, the 440 MW Pha Lai and 110 MW Ninh Binh coal-fired power plants could be decommissioned. In addition, all coal-fired power plants (26 to 28 GW) would be required to either switch to cleaner fuels such as biomass or ammonia or to integrate carbon capture and storage (CCS) systems.
Under this plan, Vietnam also aims at prioritising the development of renewables and nuclear power, developing at least 1,160 MW of clean power sources by 2045 to replace ageing coal-fired power plants, and completing the Ninh Thuan nuclear power plant in about 5 years.
Vietnam has committed to achieve net zero emissions by 2050. In 2023, Vietnam unveiled its JETP Resource Mobilisation Plan (RMP), bringing forward the projected peaking date for GHG emissions from 2035 to 2030 and reaching peak power sector emissions at 170 MtCO2 (previous target of 240 MtCO2 by 2035).
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