By Vietnam’s northern electronics hub, a pivotal area in the global tech supply chain, is facing an unprecedented surge in energy demand. In response, Vietnam’s state electricity monopoly has vowed to keep the lights on, ensuring that power shortages will not impede the operations of major factories, including those of Apple Inc. suppliers and Samsung Electronics Co.
The promise to maintain an uninterrupted power supply comes as the region braces for extreme heat, which is expected to push power production to over 27,000 megawatts—more than half of the nation’s capacity. Last year’s blackouts, caused by hot weather and coal plant malfunctions, have prompted a reassessment of energy strategies to prevent future disruptions.
Vietnam’s average daily power consumption in July is projected to rise by 10.2% compared to last year, reaching 920.5 million kilowatt-hours. The country’s reliance on coal-fired electricity has also increased, now accounting for 57% of the power mix. This uptick underscores the urgency of developing a more resilient and sustainable energy infrastructure.
Transitioning to Renewable Solutions
In a bold move to mitigate the risk of electricity shortages and reduce dependence on coal power, Vietnam has recently permitted major energy consumers to purchase renewable energy directly from developers. This policy shift aims to diversify the energy portfolio and encourage the adoption of cleaner power sources.
The state utility continues to promote energy conservation measures, urging customers to set air conditioners to no less than 26°C and avoid using multiple high-capacity electric devices simultaneously during peak hours. These efforts reflect a broader commitment to balancing industrial growth with environmental and resource sustainability.
A Commitment to Sustained Growth
Vietnam’s pledge to ensure a stable power supply is more than a short-term fix; it’s part of a strategic vision to support the country’s burgeoning electronics sector. By prioritizing energy security, Vietnam is positioning itself as a reliable partner in the global supply chain, ready to meet the growing needs of tech giants and their consumers.
The country’s proactive approach to energy management serves as a model for other emerging economies. It demonstrates how foresight and innovation can drive industrial advancement while maintaining a commitment to sustainability and resilience.