In a significant move towards decarbonization, JERA Co., Inc. has entered into a memorandum of understanding (MOU) with Vietnam Electricity (EVN) to jointly establish a roadmap for decarbonization in Vietnam’s power sector.
Vietnam’s rising demand for electricity, driven by economic growth, presents a dual challenge of ensuring a stable energy supply while reducing carbon emissions. The Vietnamese government is actively promoting the adoption of renewable energy sources and transitioning to ammonia and hydrogen in thermal power generation.
In this context, JERA, along with its subsidiaries JERA Asia and JERA Energy Vietnam, is actively exploring solutions to support Vietnam’s economic development while addressing these challenges.
EVN, as the largest power producer in Vietnam with approximately 40% of the country’s power generation capacity, is a crucial player in the decarbonization efforts.
The MOU outlines a collaboration between JERA and EVN to share information and engage in discussions to decarbonize Vietnam’s power sector comprehensively. This partnership aims to establish a roadmap for decarbonizing EVN’s entire operations, including the thermal power sector, and explore the integration of ammonia and hydrogen into EVN’s thermal power plants.
JERA’s commitment to achieving zero CO2 emissions by 2050 under its JERA Zero Emissions 2050 initiative aligns with the company’s efforts to formulate region-specific decarbonization roadmaps.
By tailoring decarbonization strategies to Vietnam’s unique circumstances, JERA intends to contribute to the country’s sustainable growth and development, as well as global decarbonization efforts. This collaboration signifies a significant step towards a cleaner and more sustainable energy future in Vietnam.
