Vietnam power utility scraps morning peak pricing, extends evening peak

Key facts

• Vietnam's state power utility scrapped one of its two peak power pricing periods.
• The utility extended the remaining peak pricing period by two hours.
• The utility said the changes aim to reduce grid strain when demand is highest and solar generation falls away.
• Growing solar capacity eased daytime supply concerns, allowing the morning peak rate to be eliminated.

Vietnam's state power utility scrapped one of its two peak power pricing periods and extended the other by two hours, according to a report published on November 2, 2026. The utility said the changes aim to reduce grid strain when demand is highest and solar generation falls away.

The shift moves all surge pricing to the evening. Growing solar capacity has eased daytime supply concerns, allowing the morning peak rate to be eliminated. A solar farm operates near wind turbines in Quy Nhon, Vietnam.