Transmission lines are installed to connect renewable energy plants in Thuan Nam District, Binh Thuan Province. (Photo: VNA)
Hanoi (VNS/VNA) - The demand for investment capital for the development ofpower sources and grids will average 10-11.5 billion USD per year by 2030.
Thisis stated in the draft national electricity development planning for 2021-2030,with a vision to 2045 (power planning VIII) that has just been submitted to theGovernment by the Ministry of Industry and Trade after many revisions andreviews.
Accordingto the draft, the total investment capital required to implement theelectricity development programme will be about 99 - 116 billion USD in the2021-2030 period, equivalent to 10-11.5 billion USD per year.
Inwhich, the average capital for power source development is 8.57-10.15 billion USDper year; while the capital for the transmission grid is about 1.36-1.44billion USD a year.
Thepower planning this time is developed with the aim of ensuring an adequatesupply of electricity in the country, meeting the socio-economic developmentgoals of the whole country with an average GDP growth rate of about 6.6 percentper year in the 2021-2030 period and about 5.7 percent per year in the2031-2045 period.
Amongthe set targets, exploiting and effectively using renewable energy sources forelectricity production is a priority, increasing the proportion of electricityproduced from renewable energy sources to about 11.9. - 13.4 percent by 2030and about 26.5 - 28.4 percent by 2045.
Thepower source development plan by 2025 targets that the total capacity of powerplants will be about 102,590 - 105,265MW.
Ofwhich, hydroelectricity will reach 25,323 megawatts (MW), accounting for 24.1 -24.7 percent; coal-fired power plants 29,679MW, accounting for 28.2 - 28.9 percent;gas thermal power (including LNG) 14,117MW, accounting for 13.4 - 13.7 percent;renewable energy sources 29,618 - 31,418MW, accounting for 28.9 - 29.8 percent;and electricity imports 3,853 - 4,728MW, accounting for 3.7 - 4.5 percent.
By2030, the total capacity of power plants will be about 130,371 - 143,839MW andthe total capacity of power plants will be about 261,951-329,610MW by 2045./.
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Transmission lines are installed to connect renewable energy plants in Thuan Nam District, Binh Thuan Province. (Photo: VNA) 
