Vietnam Sets Ambitious Targets for Hydrogen Production by 2030

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.
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