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Vietnam looks to restart nuclear power projects

Vietnam looks to restart nuclear power projects

The Peninsula
Wednesday, November 13, 2024 11:10 AM GMT

Hanoi: Vietnam wants to restart nuclear power plans to meet its rapidly expanding energy needs, the government has said, after it scrapped two multibi...

Hanoi: Vietnam wants to restart nuclear power plans to meet its rapidly expanding energy needs, the government has said, after it scrapped two multibillion-dollar projects in 2016.

Rapidly industrialising Vietnam, with a population of 100 million people, relies mostly on coal and hydropower to power its fast-growing economy.

Despite its dependence on fossil fuels, the communist nation has committed to reaching net-zero carbon emissions by 2050, supported by a Just Energy Transition Partnership -- under which wealthier nations help developing countries switch to clean energy faster.

On Tuesday, Prime Minister Pham Minh Chinh told the National Assembly in Hanoi that his government had asked authorities to restart nuclear power projects.

He said this was to "ensure enough power for fast and sustainable socio-economic development in the long run".

Read full story on The Peninsula
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