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[Free report] The lack of electricity in Viet Nam

by Nguyen Trang | 09-06-2023 21:34


Vietnam is facing a serious problem with electricity supply. The country's demand for electricity is growing rapidly, but its ability to generate electricity is not keeping pace. This has led to frequent blackouts and brownouts, which are causing economic and social disruption.

There are a number of factors that have contributed to Vietnam's electricity crisis. One factor is the country's rapid economic growth. Vietnam's economy has been growing at an average rate of 7% per year for the past decade. This growth has led to an increase in demand for electricity, as businesses and households have invested in new appliances and electronics.

Another factor that has contributed to Vietnam's electricity crisis is the country's reliance on hydropower. Vietnam is a mountainous country with a large number of rivers. Hydropower is a clean and renewable source of energy, but it is also an intermittent source of energy. The amount of electricity that can be generated from hydropower depends on the amount of rainfall. In dry years, hydropower generation can fall short of demand, leading to blackouts.

The government of Vietnam is aware of the problem of electricity supply and is taking steps to address it. The government is investing in new power plants, including coal-fired power plants, natural gas power plants, and renewable energy power plants. The government is also working to improve the efficiency of the country's power grid.

However, it will take time for these investments to have an impact. In the meantime, Vietnam's electricity crisis is likely to continue to cause economic and social disruption.