|Workers from Vietnam Electricity (EVN) instruct a business owners in Thanh Oai district, Hanoi, on how to use power economically and efficiently.
VNEEP3 aims to save 5-7% from the total national energy consumption between 2019 and 2025 and 8-10% in the 2019-2030 period, or around 60 tonnes of oil equivalent (TOE).
The programme has total funding of VND8.2 trillion (US$354.2 million), including VND4.4 trillion from the State budget and the remainder from local creditors.
MoIT has coordinated with ministries and localities to develop plans for 2020 and the 2021-2025 period. It has also completed a five-year framework plan for the implementation of nine project components, which focus on regulatory improvements; the provision of technical and financial assistance for the promotion of energy saving; building an energy data centre; an awareness raising campaign; and international cooperation and scientific studies.
By 2025, the programme is to have cut power losses to less than 6.5% and reduced average energy consumption in the industrial sector compared to the 2015-2018 period.
It will ensure that 70% of industrial parks and 50% of industrial clusters apply solutions to use energy economically and efficiently; that all key energy users apply energy management systems; and that all key transport companies provide courses to improve workers’ skills in operating vehicles in an energy-saving manner.
From 2006-2015, VNEEP helped Vietnam save more than 15 TOE of energy, and cut total national energy consumption by 3.4% and 5.65%, respectively, in 2006-2010 and 2011-2015. Vietnam has saved more than 9 billion kWh of electricity on average each year, equivalent to VND15 trillion.