Vietnam warns of blackouts from 2027 as power projects stutter
A push for at least 10% annual economic growth through the decade’s end is pressuring its power grid
Vietnam may experience electricity shortages starting in 2027 due to delays in power generation and grid projects, according to the country’s trade ministry. The ministry reported that only 5% of power projects included in the national growth plan have been completed, with most still in development or awaiting approval due to various issues such as investor selection, land procedures, and grid preparation.
Despite meeting demand for 2026, rising consumption and project delays could result in a 4,200-megawatt (MW) shortfall in power capacity by 2027 and a deficit of approximately 2.9 billion kilowatt-hours (kWh). This deficit could further increase to around 13,900 MW and 61.2 billion kWh by 2030. The nation’s goal of achieving at least 10% annual economic growth through the end of the decade is putting additional pressure on Vietnam’s power grid, as new factories, technology, and infrastructure projects are driving electricity demand faster than generation and transmission capacity can be expanded.
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