Nuclear power technology is developing and Vietnam must be updated continuously with new technology, especially in the field of waste treatment and material reuse, said Brett Jacobs, the Southeast Asia Programs Manager under the International Energy Agency (IEA)’s Directorate of Global Energy Dialogue, at a meeting with Vietnamese Deputy Minister of Industry and Trade Do Huu Hao.
Nuclear power technology is developing
and Vietnam
must be updated continuously with new technology, especially in the field of
waste treatment and material reuse, said Brett Jacobs, the Southeast Asia
Programs Manager under the International Energy Agency (IEA)’s Directorate of
Global Energy Dialogue, at a meeting with Vietnamese Deputy Minister of
Industry and Trade Do Huu Hao.
Regarding Vietnam’s energy
development policies, Deputy Minister Do Huu Hao said that Vietnam has a
long-term plan to develop nuclear power, under which nuclear power will account
for 25-30 percent of the total production output of electricity in Vietnam in
the future.
Vietnam is expediting a project to build the first complex of
nuclear power plants in Vietnam
with total capacity of 4,000MW. The first turbine will come into operation to produce
commercial electricity by 2020.
Brett Jacobs emphasized, “When
designing its first nuclear power plant, Vietnam must give top priority to
ensuring safety.”
He said that Vietnam should
develop renewable energy and especially apply low emission technologies. “IEA
is willing to help Vietnam
consider some policies and develop these energy resources.”
Deputy Minister Do Huu Hao
said that Vietnam
has the potential to develop biomass energy but it does not yet utilize this
type of energy to generate power and just uses it for cooking purposes. Recently,
Vietnam planned to cooperate
with Germany
to develop wind power and biomass power. However, the price of wind power is
rather high compared with electricity that is obtained from other sources.
“Thus far we have made no
plan to develop wind power and biomass power but we will do this in the
future.” - said the deputy minister.
The energy audit report conducted by Viet-Sing Steel in 2023 shows that the company's energy consumption is 0.4% lower than the energy consumption standard of the steel industry (as per Circular No. 20/2016/TT-BCT dated September 20, 2016, by the Ministry of Industry and Trade).
In July 2024, Van Dien Fused Magnesium Phosphate JSC conducted an energy audit. Energy audit experts assisted the company in identifying the optimal solutions for further energy-saving implementations.
Energy costs account for 20-30% of total production expenses in the paper and pulp manufacturing sector. Experts believe that the potential for energy savings in this industry is substantial.
Energy efficiency and conservation usage in industry are crucial to the development of the economy and society while ensuring national energy security.
Energy efficiency is not just about using less energy, but also about using energy intelligently and optimally. In the context of increasingly scarce energy resources and the threat of climate change, improving energy efficiency has become an urgent task for every country and individual.
Many businesses in Thua Thien Hue Province have adjusted their operations, shifting production to off-peak hours and optimizing equipment to support the power sector’s electricity efficiency initiatives.
Hoa Sen Nghe An Co., Ltd. prioritizes implementing energy management solutions and advanced technical solutions aimed at efficient energy use, a top concern for the company.