VN meets five-year energy savings

15:46 | 07/11/2015 Industry

The nationwide Viet Nam Energy Efficiency Programme has achieved satisfactory results in the last five years, according to officials attending a seminar organised yesterday in HCM City.

VN meets five-year energy savings

The Bac Lieu Windpower Plant has generated more than 30 milion kWh to the national grid - VNA Photo Duy Khuong

Trinh Quoc Vu, director of the Department of Science, Technology and Energy Efficiency under the General Department of Energy, said that between 2011 and 2015 the rate of energy savings was 5.96 per cent, while the national target set for the period was between five and eight percent.

Vu estimated that energy efficiency in the industrial sector has the potential to increase between 20 per cent and 30 per cent. In order to exploit the potential, the World Bank and the Ministry of Industry and Trade are working on a US$200 million project that will allow industrial enterprises to upgrade technology to save energy.

Huynh Kim Tuoc, director of HCM City Energy Conservation Centre, said HCM City's savings in the last five years had contributed greatly to the national energy savings.

HCM City contributes 21 per cent of the city's GDP, which means the more energy HCM City saves, the better the country can reach its overall target.

This year, 952 enterprises in HCM City deployed solutions to save 43.4 million Kwh of electricity and 461,508 litres of oil a year.

The Ministry of Industry and Trade is creating a new programme on efficient energy usage that will be submitted to the government for approval. The target is to focus on solutions and energy efficiency models./.

Source: VNS