Energy Transition Update: 05.10 -12.10.2026
Energy Transition Update: 05.10-12.10.2026
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Energy Transition Update: 05.10-12.10.2026 ---
PROPOSAL TO COMBINE EVN AND PETROVIETNAM’S STRENGTHS IN DEVELOPING NUCLEAR POWER IN VIETNAM
Năng lượng Việt Nam – 6 October 2026
Vietnam could strengthen its nuclear power programme by combining the complementary capabilities of Vietnam Electricity (EVN) and PetroVietnam. EVN has extensive experience in electricity generation, grid management and long-term power plant operations, making it well suited to managing nuclear facilities throughout their 60–80-year operating lives. PetroVietnam, meanwhile, brings expertise in large-scale energy projects, engineering, equipment manufacturing and international supply chains, which could support construction and domestic technology development. The two groups are currently responsible for separate projects, Ninh Thuan 1 and Ninh Thuan 2, allowing Vietnam to diversify international partnerships and investment risks. However, operating independently could duplicate scarce technical resources, increase costs and create fragmented supply chains. Drawing on international experience and International Atomic Energy Agency (IAEA) guidance, stronger coordination in workforce training, technology transfer, safety management and equipment localisation could help Vietnam develop a unified nuclear industry. The longer-term priority is to establish strong national nuclear capabilities rather than relying on individual companies or foreign technology suppliers.
FOLLOWING SAVAN 1, T&T GROUP INVESTS IN NEARLY 500 MW SAVAN 2 WIND POWER PROJECT IN LAOS
VnEconomy – 10 October 2026
Vietnam’s T&T Group is expanding its renewable energy investment in Laos with the development of the 495 MW Savan 2 wind power project, worth approximately USD 768 million. Located in Savannakhet province, the project is expected to begin commercial operations by the end of 2028 and export electricity to Vietnam. It follows Savan 1, whose first 300 MW phase began operating in December 2025 and supplies around 900 million kWh annually to Vietnam, while a further 195 MW phase is being prepared. Together, the two projects will provide nearly 1 GW of wind power capacity, helping diversify Vietnam’s electricity supply and strengthen energy security. Savan 2 could also benefit from existing transmission infrastructure developed for Savan 1, reducing construction time and investment costs. The expansion supports Vietnam’s revised Power Development Plan VIII, which targets electricity imports of 9,360–12,100 MW by 2030, while strengthening cross-border energy cooperation and economic links between Vietnam and Laos.
IEA WARNS OF GROWING ENERGY SECURITY RISKS IN SOUTHEAST ASIA
VnExpress – 6 October 2026
The International Energy Agency (IEA) has warned that Southeast Asia faces growing energy security risks as electricity demand rises faster than supply capacity. Over the past decade, per capita energy consumption in the region has increased by nearly 30%, with demand projected to grow by an average of 5.4% annually through 2030, driven by cooling, data centres and industrial expansion. Rising energy costs and geopolitical tensions, particularly the ongoing conflict involving Iran, are adding pressure to regional energy supplies. Unlike Japan and South Korea, Southeast Asian countries generally have smaller energy reserves and fewer resources to manage supply disruptions, leaving them vulnerable to global price shocks. Some countries have responded by increasing coal use and oil imports, while others are accelerating investment in solar power, nuclear energy and electric vehicles. The IEA recommends stronger cross-border electricity trading, more diversified energy sources, greater use of domestic resources and improved energy efficiency. These measures could help Southeast Asia reduce dependence on volatile international energy markets while supporting economic growth and the transition to cleaner energy.
KEY CONSIDERATIONS FOR FACILITIES CONDUCTING GREENHOUSE GAS INVENTORIES
VnEconomy – 6 October 2026
Vietnam’s cement producers face growing pressure to measure greenhouse gas emissions accurately as the country strengthens emissions reporting and develops its carbon market. Nearly 90 cement facilities are required to conduct inventories, while 51 of the country’s 61 cement companies are covered by the pilot emission allowance allocation scheme for 2025–2026. Cement production generates emissions mainly from limestone processing into clinker (50–60%) and fossil fuel combustion (30–40%), with electricity consumption contributing a smaller share. Accurate inventories require clear boundaries for emissions sources, reliable measurement equipment and supporting records for fuel, electricity and raw materials. Underreporting can lead to penalties and the withdrawal of emission allowances, while overreporting may increase the cost of purchasing allowances and weaken competitiveness. Better emissions data can also help companies improve energy efficiency, reduce operating costs and meet international green standards. Reliable greenhouse gas inventories are therefore becoming important not only for regulatory compliance but also for accessing green finance and competing in low-carbon markets.
Summarised by Phan Le and Hai Thanh Nguyen
In collaboration with the ANU Institute for Climate, Energy & Disaster Solutions