According to the latest report from the Ministry of Industry and Trade (MoIT) submitted to the government last week, the electricity produced and imported for the country’s power system for the whole year is estimated at 274.2 billion. kWh, up 7.6% compared to 2021.
Trinh Quoc Vu, deputy director general of the Department of Energy Efficiency and Sustainable Development at MoIT, admitted that Vietnam currently uses energy inefficiently, 30% more than Thailand and 4-5 times more than Japan and the United States.
“There is still plenty of room for Vietnam to save energy. Vietnam aims to achieve energy savings of 8-10% by 2030. Long-term reduction in energy intensity requires developing a plan to shift to a greener macroeconomic structure, with companies that use less energy and emit less carbon emissions,” Vu said. He explained that the structure depends on incentives for energy segments such as cement and steel.
During a talk show last week hosted by Electricity of Vietnam (EVN), Director of the Center for Energy Research and Green Growth Ha Dang Son said: “The net zero commitments of Vietnam and many other countries will create a from fossil fuels to electricity in almost every industry. As such, the challenge of securing power will increase.
One of the goals that Vietnam supports to mitigate the impact of climate change, Son said, is to use energy economically and efficiently. “If the savings do not reach the set targets, the cost of building energy sources will increase, resulting in a waste of social resources,” he added.
Electricity saving and energy efficiency are becoming increasingly important as the demand for electricity for production and life remains high, while thermal projects such as Long Phu I, Na Duong II and Quang Tri I have been delayed.
The country’s electricity demand has increased by more than 10% on average per year for the past four years and is expected to continue to increase by 8.5% per year by 2025 and 7.5% per year d 2030.
Faced with a similar energy crisis, EU authorities have called on citizens to save energy. The European Commission presented a plan in May on how the EU can rapidly reduce its dependence on Russian fossil fuels and accelerate the green transition.
The measures of the REPowerEU plan can meet this ambition through energy savings, the diversification of energy supplies and the accelerated deployment of renewable energies to replace fossil fuels in homes, industry and electricity production.
In Vietnam, by 2025 and to ensure electricity for economic development with GDP growth of 6.5-7% according to the resolution of the 13th National Party Congress, electricity demand growth of about 9% per year is projected in the baseline scenario.
Moreover, if one calculates a scenario of economic recovery and strong growth, the increase in electricity demand this year is estimated at around 11.5% and the average growth for 2023-2025 is 10.4%. per year.
Meanwhile, new power sources expected to be completed each year over the next few years are likely to be less than load growth, so it is increasingly difficult to ensure electricity supply, and Surge capacity shortages could arise in the next few years, according to NEV.
EVN said that in order to ensure the electricity supply of the national power system, especially in the north, EVN and its units have urgently implemented solutions for operation, supply complement and reinforcement. capacities.
“These are only short-term solutions, but in the long term, promoting investment progress in energy projects for the north plays an important role,” EVN reported.
The public group has proposed a plan for it to invest in offshore wind power in the northern region to improve electricity supply and ensure national security. In addition, he suggested that the import should be approved soon and complete the planning to connect and import power from Laos to Vietnam, as well as the approval of the VIII power development plan as soon as possible.