Vietnam Sets Ambitious Targets for Hydrogen Production by 2030

Daily Current Affairs / Vietnam Sets Ambitious Targets for Hydrogen Production by 2030

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Category : Miscellaneous Published on: February 28 2024

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Vietnam aims to produce 100,000-500,000 metric tons of hydrogen annually by 2030 as part of its energy transition efforts.
By 2050, Vietnam plans to raise hydrogen production to 10-20 million tons per year, including green hydrogen extracted from water using renewable energy.
The production, distribution, and usage of hydrogen will help Vietnam meet its national targets for climate change, green growth, and achieve its net zero target by 2050.
Hydrogen will play a significant role in Vietnam's energy sector, replacing natural gas and coal at power plants by 2030, and accounting for 10% of the country's electricity generation by 2050.