Fecon and Copenhagen Infrastructure Partners (CIP) have proposed jointly developing a 1GW onshore wind project in Laos, with electricity exported to Vietnam. (Photo: iStock)
Vietnam’s electricity demand is rising rapidly. In late March, daily power consumption surpassed 1 billion kWh for the first time. As industrial expansion and decarbonization goals place growing pressure on the country’s power system, cross-border electricity imports are emerging as an increasingly important part of Vietnam’s energy strategy.
Vietnamese infrastructure developer Fecon and Danish renewable energy investor Copenhagen Infrastructure Partners (CIP) have proposed jointly developing a 1 GW onshore wind farm in Laos, with the electricity transmitted to Vietnam.
Vietnam targets 5 GW of electricity imports from Laos by 2030
Northern provinces including Bac Ninh, Quang Ninh, and Hai Phong have become key manufacturing hubs for the electronics industry, attracting investments from companies such as Foxconn, Lite-On, Pegatron, Compal, BYD, and Samsung. The industrial growth has driven a sharp increase in electricity demand, prompting Vietnam to seek additional power sources beyond its borders.
Unlock the full article to explore three key takeaways:
Vietnam is expanding electricity imports from Laos as power demand reaches record highs, with cross-border energy trade becoming an increasingly important part of its energy strategy.
Copenhagen Infrastructure Partners (CIP) and Fecon have proposed a 1GW onshore wind project in Laos, paired with battery storage, to supply renewable electricity to Vietnam.
To support rising industrial and AI-driven electricity demand, Vietnam is expanding transmission infrastructure while also increasing coal supply to maintain grid reliability.
