The forecasted data for geothermal and biomass energy consumption in Vietnam from 2024 to 2028 shows a consistent upward trend. Starting at 0.76 Terawatt-hours in 2024, there is a steady increase with a growth of approximately 26.32% to 0.96 Terawatt-hours in 2025, followed by a 19.79% increase to 1.15 Terawatt-hours in 2026. The growth continues at 17.39% to 1.35 Terawatt-hours in 2027, and a further 14.07% increase to 1.54 Terawatt-hours by 2028. This consistent growth trend suggests a strong and increasing reliance on geothermal and biomass energy within the country’s energy mix.
Looking ahead, factors such as Vietnam’s commitment to renewable energy, technological advancements in geothermal and biomass energy production, and potential government policies promoting green energy use are crucial trends to watch. These elements could further accelerate the growth of geothermal and biomass energy consumption, potentially making it a significant part of Vietnam’s strategy to reduce carbon emissions and enhance energy security.