The project on accelerating energyefficiency in large industries through energy management systems, system optimisation,and the promotion of energy efficiency in small and medium-sized enterprises inVietnam (IEEP) is part of the EU - Vietnam Sustainable Energy TransitionProgramme (SETP), funded by the EU and implemented by UNIDO and the MoIT’sEnergy Efficiency and Sustainable Development Department from 2023 to 2027.
The project consists of enhancing theinstitutional and policy framework, implementing capacity building andimprovement programmes, and implementing the projects on energy management systemsand system optimisation. The focus is on 10 industries, namely pulp and paper food processing, aquatic processing, textile - garment making, chemical and fertiliser plants,rubber processing, metallurgy and steel, cement, plastics, and the beverage industry.
Phuong Hoang Kim, Director of the Project Management Board, said that to boost efficient energy use across economicsectors the Vietnamese Government has carried out a number ofimportant policies and programmes. These include the promulgation of the Law on Economical and EfficientUse of Energy, the national target prorgamme on economical and efficient energyuse for 2006 - 2015, and the national labour programme for 2019 - 2030.
During that process, Vietnam hasreceived substantial assistance from the World Bank, the EU, the UN Industrial Development Organisation,and the Governments of Denmark, the Republic of Korea, and Japan throughfinancial aid packages, the sharing of management experience, and the transferof advanced techniques, he noted.
He considered the IEEP project as important to helping the MoIT carry outactivities to achieve the targets of the national programme on economical andefficiency energy use for 2019 - 2025, including saving 5 - 7% of the total energyconsumed nationwide.
This project aims to step up the demand for energy savingsolutions in industries, reducegreenhouse gas and carbon emissions, and increase the productivity andcompetitiveness of industries in Vietnam, according to the official.
Kristina Buende, head of cooperationat the EU Delegation to Vietnam, said sustainable energy transition is one ofthe EU’s priorities in the world to promote green and sustainable development.
The EU Delegation hopes that the IEEP project under the SETP will help thenational programme of Vietnam to realisethe commitments on sustainable energy transition and net zero emissions by2050, she added.
Le Thi Thanh Thao, Chief Representative of the UNIDO Office, said the IEEP project will also be usefulfor businesses, especially exporters, to meet the requirements for emissionreduction in industrial activities, including the Carbon Border AdjustmentMechanism of the EU.
The application of energy management and transition solutions is critical to enhancing business and industry competitiveness, thus contributing tothe development of a sustainable and circular economy, investment attraction, and environmental protection, Thao said./.