06:43 (GMT +7) - Saturday 07/12/2019

Society

USAID project to push urban energy security

Released at: 10:32, 04/11/2019

USAID project to push urban energy security

Photo: US Embassy in Hanoi

Vietnam Urban Energy Security project announced on November 1.

by Ngoc Lan

The US Agency for International Development (USAID) announced the USAID Vietnam Urban Energy Security project on November 1 in Ho Chi Minh City, promoting urban energy security in Vietnam.

The event was attended by USAID Deputy Administrator Bonnie Glick, USAID/Vietnam Mission Director Michael Greene, and leaders of the Ministry of Industry and Trade (MoIT)’s Electricity and Renewable Energy Authority and Ho Chi Minh City’s Department of Industry and Trade.

USAID Vietnam Urban Energy Security is a four-year (2019-2023), $14 million project that will promote the deployment of advanced, distributed energy solutions in select urban areas in Vietnam, including Ho Chi Minh City. It will address Vietnam’s rapidly growing energy demand and air pollution in urban areas by working with city governments and creating business opportunities for entrepreneurs. The project will support the deployment of advanced distributed energy solutions such as household rooftop solar technology, next generation battery storage technology, and cleaner forms of transportation.

Energy demand in Vietnam is currently increasing by 10 per cent annually, making it critical for the country to use modern, clean energy technologies to sustain its impressive economic growth and protect human health and the environment.

Since 2017, USAID and MoIT have worked together to modernize national energy policies, including the introduction of a Direct Power Purchase Agreement (DPPA) mechanism and expanding renewable energy and natural gas utilization under the eighth Power Development Plan (PDP8).

Ms. Glick also donated PLEXOS software and associated hardware to MoIT on the same day as the announcement of the new project. These state-of-the-art tools will allow the ministry to simulate electrical utility operations over a multi-year period to set optimal generation and transmission targets.

Business leaders also expressed their desire to work with USAID and the Vietnamese Government to generate increased private sector investment in the energy sector and assist the country to meet its energy security goals.

Ms. Glick is traveling to Vietnam, Thailand, Bangladesh, and Indonesia from October 29 to November 12. In Vietnam, she is meeting with government representatives, non-governmental organization representatives, and private sector partners.

In Hanoi and Ho Chi Minh City she is participating in meetings and events highlighting recent benchmarks in the transition of the national HIV response to domestic financing, joint USAID-Ministry of National Defense progress towards overcoming the legacy of Agent Orange in Vietnam, and new aspects of USAID’s trade facilitation and energy security support. She will also meet with students and faculty at the US Government-funded Fulbright University Vietnam, the country’s first fully independent, non-profit university, which welcomed its first undergraduate class this fall.

User comment (0)

Send comment