At a biomass power plant in Phu Yen (Photo: VNA) Hanoi (VNA) - A seminar was held in Hanoi on June 9 to launch aGerman-funded project on climate protection through developing sustainablebioenergy markets (BEM) in Vietnam, with the aim of promoting the sustainabledevelopment of biomass resources for power production.
Lasting from 2019 to 2023, the project will be funded by the GermanFederal Ministry for the Environment, Nature Conservation, and Nuclear Safety.
It is designed to help Vietnam realise energy targets set in the revisednational power development plan VII, the green growth strategy, and thePolitburo’s Resolution No 55/NQ-TW on orientations in national energydevelopment to 2030 with a vision to 2045.
Do Duc Quan, Vice Director of the Electricity and Renewable EnergyAuthority at the Ministry of Industry and Trade, told the seminar that Vietnamhas abundant potential for biomass energy as an agricultural nation. TheGovernment issued mechanisms and policies encouraging the development of theenergy source in 2014 and amended them in 2020 to attract more privateinvestment in the field.
Private engagement is expected to make it possible for Vietnam toincrease its biomass energy share in power production to 2.1 percent by 2030 asplanned, he added.
Jörg Rüger, First Secretary for the Environment at the German Embassy inVietnam, said wind and solar power have showed strong growth potential inVietnam but biomass energy is yet to receive suitable exploitation.
Increasing the number of biomass power plants would help Vietnam achieveits nationally determined contributions (NDCs), he noted.
The Paris Agreement, to which Vietnam is a signatory, requests that eachcountry outline and communicate their post-2020 climate action, which are knownas NDCs.
The BEM project works to support adjustments to the regulatory frameworkon planning and licensing biomass energy projects, particularly at the provinciallevel.
It will improve the private sector’s capacity for the development ofbiomass investment projects and enhance financial institutions’ capacity tofinance biomass energy investment projects.
The project will also facilitate technology cooperation and networksbetween Vietnamese and international enterprises, research institutions, anduniversities on the use of biomass for electricity and heat generation./.
Lasting from 2019 to 2023, the project will be funded by the GermanFederal Ministry for the Environment, Nature Conservation, and Nuclear Safety.
It is designed to help Vietnam realise energy targets set in the revisednational power development plan VII, the green growth strategy, and thePolitburo’s Resolution No 55/NQ-TW on orientations in national energydevelopment to 2030 with a vision to 2045.
Do Duc Quan, Vice Director of the Electricity and Renewable EnergyAuthority at the Ministry of Industry and Trade, told the seminar that Vietnamhas abundant potential for biomass energy as an agricultural nation. TheGovernment issued mechanisms and policies encouraging the development of theenergy source in 2014 and amended them in 2020 to attract more privateinvestment in the field.
Private engagement is expected to make it possible for Vietnam toincrease its biomass energy share in power production to 2.1 percent by 2030 asplanned, he added.
Jörg Rüger, First Secretary for the Environment at the German Embassy inVietnam, said wind and solar power have showed strong growth potential inVietnam but biomass energy is yet to receive suitable exploitation.
Increasing the number of biomass power plants would help Vietnam achieveits nationally determined contributions (NDCs), he noted.
The Paris Agreement, to which Vietnam is a signatory, requests that eachcountry outline and communicate their post-2020 climate action, which are knownas NDCs.
The BEM project works to support adjustments to the regulatory frameworkon planning and licensing biomass energy projects, particularly at the provinciallevel.
It will improve the private sector’s capacity for the development ofbiomass investment projects and enhance financial institutions’ capacity tofinance biomass energy investment projects.
The project will also facilitate technology cooperation and networksbetween Vietnamese and international enterprises, research institutions, anduniversities on the use of biomass for electricity and heat generation./.
VNA
