On October 30, 2025, in London, during the official visit of General Secretary To Lam to the United Kingdom of Great Britain and Northern Ireland from October 28-30, Vietnam Electricity (EVN) and the UK Foreign Office signed a Memorandum of Understanding (MOU) on cooperation in the field of energy and green power grids, as announced by EVN on October 31.
The signing ceremony was witnessed by General Secretary To Lam and the high-ranking Vietnamese delegation.
General Secretary To Lam and the high-ranking Vietnamese delegation witness the signing of cooperation agreements between Vietnam Electricity (EVN) and the UK Foreign Office.
According to EVN, the MOU focuses on four key pillars: Leveraging the UK’s expertise and EVN’s role in the power system; Accelerating the development of grid infrastructure as the foundation for clean energy transmission, including high-voltage direct current (HVDC) infrastructure; Supporting greenhouse gas reduction at coal-fired power plants; Enhancing domestic capacity in offshore wind development.
Among these pillars, the UK’s offshore wind sector (Offshore Wind – OSW) is globally renowned.
The UK is the world’s second-largest offshore wind market, with a multi-billion-dollar scale
Offshore Energies UK reports that the United Kingdom is undergoing a robust energy transition, with ambitious plans to build a low-carbon energy system, including offshore wind, to harness the vast potential of the North Sea. This aims to meet national demands and achieve net-zero emissions by 2050.
As of 2025, the UK leads the world in offshore wind capacity, with 15.7 GW, accounting for over 20% of global offshore wind capacity. In 2024, 15 million UK homes were powered by offshore wind.
According to the UK Government Portal, the UK is the world’s second-largest offshore wind market. In 2024, the UK’s offshore wind market reached $8.16 billion. Looking ahead, IMARC Group projects the market to reach $35.21 billion by 2033, with a compound annual growth rate (CAGR) of 17.63% from 2025 to 2033.
Illustrative image of offshore wind energy.
Under the UK’s Energy Security Strategy (BESS), announced in April 2022, the country aims to achieve 50 GW of offshore wind capacity by 2030, including 5 GW of floating wind.
This ambition could support up to 90,000 direct and indirect jobs in the UK and is part of a broader £100 billion private investment needed to achieve the UK’s net-zero emissions target.
The UK plans to significantly expand its offshore wind capacity in the coming decades. By 2035, the UK will invest an additional £132 billion to reach 65 GW of offshore wind capacity.
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On the afternoon of October 22nd, Prime Minister Pham Minh Chinh, Head of the Steering Committee for Nuclear Power Plant Construction, chaired the third meeting of the Steering Committee.
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