Vietnam has adopted a hydrogen development strategy aiming to produce 100,000-500,000 metric tonnes of hydrogen annually by 2030, with a target of 10-20 million tonnes by 2050, including green hydrogen. The strategy aligns with Vietnam’s energy transition goals, contributing to national targets for climate change, green growth, and achieving net-zero emissions by 2050. Hydrogen is intended to partially replace natural gas and coal in power plants by 2030, and by 2050, hydrogen is expected to account for 10% of the country’s electricity generation. Funding for hydrogen production will come from public and private sources, including green bonds and the Just Energy Transition Partnership.
Vietnam Unveils Hydrogen Development Strategy to Produce 1-5 Million Metric Tonnes Annually by 2030
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