Energy transition is an indispensable factor for achieving sustainable development and adapting to climate change in Vietnam in general and the Mekong Delta region in particular.
The Ministry of Industry and Trade assessed the energy industry as a spearhead for the development of the region. However, given its characteristics as a young delta susceptible to climate change, the industry must focus on clean and renewable energy sources.
With a coastline stretching about 700 km, a vast exclusive economic zone of up to 360,000 km2 and strong coastal winds, the potential for offshore wind energy exploitation across the delta can reach between 1,200 MW and 1,500 MW.
To sustainably develop renewable and clean energy in the region, the ministry will continue to lead and coordinate with relevant ministries, sectors, and localities to build the amended electricity law and the renewable energy law for submission to the National Assembly this year. It will also propose the Government issue policies on direct electricity trading./.