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ccus-potential-in-vietnam
ccus-potential-in-vietnam

CCUS potential in Vietnam

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Vietnam is a Southeast Asian country known for its stunningly beautiful landscape, Buddhist pagodas and buzzing cities. It is highly populated, with almost 100 million inhabitants. Having suffered years of high poverty rates, it is now a middle-income country with annual GDP growth of around 7%.

This pace of development is likely to continue, which means that consumer demand for power and investment in heavy industry will increase, consequently leading to higher annual carbon dioxide (CO2) emissions.

Vietnam’s energy development plans include significant increases in natural gas and coal-fired power generation to underpin the expected economic expansion. To mitigate the impact on climate change, Carbon capture and storage (CCS) can be implemented in Vietnam to curtail the growth of CO2 emissions and ultimately lead to a climate neutral economy.

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