Offshore Wind Market in Vietnam: GWEC Paper

The higher overall 2045 targets for onshore and offshore wind can ensure Vietnam is on track for Net Zero by 2050. This paper outlines the urgent need for a Route to Market process to enable the installation of 7+ GW offshore wind by 2030. In particular, this paper analyses international experience of offshore wind project development timelines and procurement mechanisms to propose an appropriate pathway for Vietnam to meet its PDP 8 targets by 2030.

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