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Energy

Vietnam's energy plan delayed for 2 years, risking blackouts

Decarbonization goals, low costs prove difficult balance for officials

A coal mine in northern Vietnam. The country is having difficulty finding a cheap and environmentally friendly alternative.   © Vietnam News Agency

HANOI -- Vietnam's government is more than two years behind schedule on deciding a 10-year energy plan through 2030, as skyrocketing costs of liquefied natural gas leave officials scrambling for an affordable path to carbon neutrality.

"I didn't think it would be delayed this much," said an employee of a foreign power-related company, summoning up the sentiment among expats here.

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