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GIZ Energy Support Programme

Exciting insights into Viet Nam’s energy transition!

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Speaking to Viet Nam News on 6th July, 2023, Vu Chi Mai, Project Director of the Clean, Affordable and Secure Energy for Southeast Asia (CASE) under the GIZ Energy Support Programme (ESP), offers valuable perspectives on the challenges and opportunities involved in Viet Nam’s transition away from coal towards a low-carbon system.

Chi Mai emphasizes the need for suitable technologies to replace coal power plants while ensuring power system stability, affordability, and compliance with CO2 emission reduction requirements. She continues to highlight the exploration of innovative technologies such as green hydrogen, CO2 recovery, storage batteries, and ammonia as key components of Viet Nam’s future energy landscape.

Finance plays a significant role in this transition, with substantial investment capital required for power source and transmission grid development, Chi Mai claimed. In addition, she stresses the importance of assessing and developing human resources to meet the demands of the green economy, ensuring a just and equitable energy transition for all.

On a positive note, Viet Nam possesses immense renewable energy potential, including onshore and offshore wind power, as well as solar power. These resources present a remarkable opportunity for Viet Nam to develop a green economy, attracting domestic and foreign investors and even considering electricity exports to neighboring countries.

Additionally, the GIZ expert draws valuable lessons from Germany and other developed countries that have successfully implemented energy transition, emphasizing the importance of energy efficiency as a cost-effective measure and calls it the first form of energy, or first fuel, that needs to be properly developed.

Overall, this article offers a well-rounded perspective on Viet Nam’s energy transition journey, covering challenges, opportunities, international support, and valuable insights from other nations. It is an essential resource for understanding the complexities and possibilities associated with transitioning to a low-carbon energy system.

Join the conversation and read the full article here: https://vietnamnews.vn/society/1550767/viet-nam-makes-positive-contributions-to-energy-security.html

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