Forum looks into sustainable energy development in Vietnam

As many as 40 policy recommendations for a sustainable energy future in Vietnam were introduced by the Vietnam Energy Partnership Group (VEPG) at the 3rd High-level Meeting and 1st Stakeholder Forum of the VEPG in Hanoi on December 10.
Forum looks into sustainable energy development in Vietnam ảnh 1At the 3rd High-level Meeting and 1st Stakeholder Forum of the VEPG in Hanoi on December 10 (Photo: VNA)

Hanoi (VNA) – As many as 40 policy recommendations for asustainable energy future in Vietnam were introduced by the Vietnam EnergyPartnership Group (VEPG) at the 3rd High-level Meeting and 1st Stakeholder Forum of the VEPG in Hanoi on December 10.

The recommendations focus on five areas of renewable energy, energy efficiency,energy sector reform, access to energy, and energy data and statistics.

According to Rainer Brohm, an international coordinator of the VEPG’sSecretariat, the VEPG Technical Working Groups have worked to give support insolar feed-in tariff (FIT) price and revised solar power purchase agreements(PPAs), as well as rooftop solar power programme in Vietnam. Besides, they alsohelped Vietnam develop electricity wholesale market and Direct Power PurchaseAgreements (DPPA).

However, more works need to be done to connect renewable energy to the nationalgrid, and complete a competitive electricity wholesale market (includingsubsidy, cross power price and distribution costs), he added.

Deputy Minister of Industry and Trade Dang Hoang An suggested the VEPG expandresearch and give more recommendations in other sectors such as oil and gas andcoal as they are important energies in the nation.

The VEPG should focus more on measures to promote the use of rooftop solarpower in residential areas and industrial parks, and attract more investment inrenewable energy in industrial parks, as well as policies to branch out biomassenergy, he said.

Meanwhile, Ambassador Pier Giorgio Aliberti, Head of the EU Delegation toVietnam, believed that capital plays a crucial role to ensure remote areas’access to power.

As sustainable development of green energy depends on both domestic and foreigninvestors, the VEPG should help the Vietnamese Government outline consistentpolicies, he said, adding the EU stands ready to share knowledge with Vietnamto fulfill energy development targets.

Country Director for the World Bank in Vietnam Ousmane Dione said that the VEPGhas given technical and financial assistance to Vietnam, and the World Bankalso wants to make contributions to the success of Vietnamese energy sector.

It is necessary for the Vietnamese Government to improve its policies so as toensure economic growth target and reduce emission, he added./.
VNA

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