What we do
The ESP works – across all projects – in the following three action areas:
Legal and Regulatory Framework Conditions, Capacity Development, Technology Cooperation.
The simultaneous implementation of these three action areas across projects and technologies is expected to contribute to the comprehensive development of the Vietnamese energy sector.
Action Area 1: Legal and Regulatory Framework
ESP activities in this action area aim to reduce barriers for domestic and international investment in the Vietnamese market, provide a fair playing field for all actors in the value chain, kick-start new industry development (such as solar power), and make renewable energy and energy efficiency more competitive. Our activities are aimed at both policy makers as well as private sector actors in order to allow for a comprehensive mix of political incentive schemes to private investment while at the same time offering solutions for monitoring and adjustment of support measures by public authorities for a sustainable energy sector development.
Action Area 2: Capacity Development
As the market is at an early stage of development, knowledge on renewable energy and energy efficiency technologies, and know-how to develop relevant projects, also need to be expanded further. Capacity development activities for partners and stakeholders through various trainings, workshops, and study tours, etc. are in place to further build knowledge and experience.
Action Area 3: Technology Cooperation
Technology cooperation activities have a two-fold objective: to foster technology transfer by bringing extensive experience in renewable energy and energy efficiency from Germany to Viet Nam; ii) to facilitate partnerships between universities and private companies from Viet Nam and Germany.