Case Study: Breaking reliance on coal in Vietnam: A route to renewables growth

12 bn

The number of kilowatt-hours of power deficiency Vietnam faced in 2023

2GW

Amount of renewable energy deployed during the V-LEEP II programme

49%

Percentage of coal delivering Vietnam’s energy supply

2TW

Amount of renewable energy deployed during the V-LEEP II programme

cs23

Case study summary

Vietnam is one of the world’s fastest-growing per capita greenhouse gas (GHG) emitters, with emissions nearly quadrupling over 15 years.

The primary reason for this increase is the country’s rapid economic growth, leading to a sharp increase in energy demand, resulting in Vietnam’s economy becoming one of the most energy-intensive globally.

With coal currently dominating half of Vietnam’s energy mix⁵, Vietnam’s coal-fired electricity production resulted in 136 Mt of CO2 emissions, accounting for about 88% of its CO2 emissions from electricity generation, exceeding the world average of 73%.

Recognising the urgent need to transition to cleaner energy sources, Vietnam’s Ministry of Industry and Trade (MOIT) has partnered with the United States Agency for International Development (USAID) and Deloitte Consulting to implement the Vietnam Low Emission Energy Programmes (V-LEEP and V-LEEP II).

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