The National Assembly has approved the restart of the Ninh Thuan nuclear power plant project to ensure energy security in a new context, reported the Voice of Vietnam.

The National Assembly tasked the Government with promptly allocating resources for implementation of the project, according to the conclusions of the competent authority; and studying amendments and supplements to relevant laws, including the Atomic Energy Law.

Regarding the policy on nuclear power development, the amended Electricity Law stipulates that the nuclear power development plan must be integrated, synchronized, and consistent with the electricity development plan to ensure the goal of electricity supply security.

The amended Electricity Law also states that the state holds a monopoly on the investment, construction, and operation of nuclear power plants.

Earlier, on November 27, Standing Deputy Prime Minister Nguyen Hoa Binh, on behalf of the Prime Minister, presented a report on continuing the investment in the Ninh Thuan nuclear power project.

According to the Deputy Prime Minister, nuclear power is increasingly attracting attention and continued development globally in the context of combating climate change, fulfilling commitments to reduce greenhouse gas emissions, and ensuring energy security.

As of the end of August 2024, there were 415 operating nuclear power reactors worldwide, with a total installed capacity of 373,735 MWe, and 62 reactors under construction with a total capacity of approximately 64,971 MWe.

In addition to the 32 countries currently owning and operating nuclear power plants, 20 others  are considering developing nuclear power to meet energy needs and realize their climate commitments.