Boom-Bust-Coal-2024-Vietnamese

This document is a Vietnamese translation of excerpts from the 'Boom & Burst Coal 2024' report by Global Energy Monitor and its partners. It analyzes global coal power trends in 2023, highlighting a dichotomy where new construction has hit a 9-year low outside China but an 8-year high within China. The report provides a detailed assessment of Vietnam's energy transition, focusing on the Power Development Plan VIII (PDP8) and the Just Energy Transition Partnership (JETP), while noting that global coal capacity reached an all-time high in 2023.

• Global coal power capacity increased by 48.4 gigawatts (GW), or 2%, in 2023 to a total of 2,130 GW, with China accounting for two-thirds of these additions.
• There is a stark contrast in new coal construction: starts reached a 9-year low in countries outside China, while in China, they reached an 8-year high, contradicting President Xi Jinping's 2021 commitment to "strictly control" coal projects.
• Only 15% (317 GW) of the world's operating coal capacity currently has a decommissioning commitment aligned with the Paris Agreement's 1.5°C goal. To phase out operating capacity by 2040, an average of 126 GW must be decommissioned annually for the next 17 years.
• Vietnam's Power Development Plan VIII (PDP8) specifies that coal capacity will peak at 30.2 GW by 2030 and gradually decrease to 0 GW by 2050. As of December 2023, Vietnam had 27.2 GW of operating capacity, implying a limit of 3 GW in additional capacity.
• Despite PDP8 goals, Vietnam had 3.9 GW of capacity across 6 units still under construction at the end of 2023, plus 4 GW in 'pre-permitting' or 'permitted' stages at the An Khánh - Bắc Giang, Na Dương-2, Nam Định-1, and Sông Hậu-2 plants.
• The Just Energy Transition Partnership (JETP) for Vietnam, supported by a $15.5 billion funding package from G7 nations, aims for peak emissions by 2030. The JETP Resource Mobilization Plan (RMP) seeks to reduce the number of coal projects and close inefficient plants, though specific decommissioning dates per plant are missing.
• In 2023, India proposed 11.4 GW of entirely new coal power, the highest amount since 2016, and some long-delayed projects were revived.

APA

Global Energy Monitor (n.d.). Boom-Bust-Coal-2024-Vietnamese. https://globalenergymonitor.org/sites/default/files/migration/reports/Boom-Bust-Coal-2024-Vietnamese_11.pdf

Chicago

Global Energy Monitor. Boom-Bust-Coal-2024-Vietnamese. n.d. https://globalenergymonitor.org/sites/default/files/migration/reports/Boom-Bust-Coal-2024-Vietnamese_11.pdf.

Wikipedia

{{cite report |author=Global Energy Monitor |title=Boom-Bust-Coal-2024-Vietnamese |url=https://globalenergymonitor.org/sites/default/files/migration/reports/Boom-Bust-Coal-2024-Vietnamese_11.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{globalenergymonitorndboombustcoal2024vietnamese, author = {{Global Energy Monitor}}, title = {{Boom-Bust-Coal-2024-Vietnamese}}, institution = {Global Energy Monitor}, url = {https://globalenergymonitor.org/sites/default/files/migration/reports/Boom-Bust-Coal-2024-Vietnamese_11.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }