JERA and Vietnam Electricity to Cooperate on Decarbonisation Development

Japanese energy giant JERA has signed a memorandum of understanding (MoU) with Vietnam Electricity (EVN) committing it to establish a decarbonisation roadmap for EVN.

Vietnam’s electricity demand is expected to continue to increase in line with its economic growth, making both securing a stable energy supply and decarbonisation nationwide challenges.

EVN and its subsidiaries are the largest power producers in Vietnam, owning approximately 40% of the country’s power generation capacity.

The MoU stipulates that JERA and EVN will share information and promote discussions toward the decarbonisation of the country’s power sector.

The institutions said they will work together to establish a roadmap for the decarbonisation of EVN’s entire business, including the thermal power sector, and explore the introduction of ammonia and hydrogen to EVN’s thermal power plants.

Under the JERA Zero Emissions 2050 initiative, JERA is committed to achieving zero CO2 emissions from both its domestic and overseas operations as of 2050.