Over 100 energy saving solutions proposed for businesses
More than 100 energy saving solutions have been proposed under a project funded by the Government of the Republic of Korea to promote the investment market for energy efficiency in Vietnam’s industrial sector.
The workshop in Hanoi on May 24 updates participants on the implementation of the project on promoting the investment market for energy efficiency in the industrial sector (Photo: VNA)
Hanoi (VNA) – More than 100 energy saving solutionshave been proposed under a project funded by the Government of the Republic ofKorea to promote the investment market for energy efficiency in Vietnam’sindustrial sector.
After surveying energy-saving technologies atmore than 2,400 businesses, the project selected 10 firms to conduct energyaudits. They operate in different fields, including the production of paper, animalfood, steel, cement, chemical, and garment-textiles, as well as oil refining,according to the Department of Energy Efficiency and Sustainable Developmentunder the Ministry of Industry and Trade.
Through these audits, 108 energy-savingsolutions have been proposed. By carrying out these solutions, businesses cansave about 78,000 USD in energy costs, or 4.8 percent of their total energyconsumption, and reduce 606,000 tonnes of CO2 each year.
With nearly 200,000 USD needed to be spent onthese solutions, the payback period is 2.6 years, the department said.
At a workshop in Hanoi on May 24, thedepartment’s deputy director Trinh Quoc Vu noted the national energy efficiencyprogramme for 2019-2030 (VNEEP3) was approved by Prime Minister Nguyen XuanPhuc last March, and the project on promoting the investment market for energyefficiency in the industrial sector is a contribution to this programme’simplementation.
This project will build the capacity ofdeveloping energy efficiency investment projects in the industrial sector,specify such projects, and support project implementation.
It targets energy conservation centres, energyservice companies, staff of state agencies relevant to the management of energyconservation, and big energy consuming businesses.
The project is being carried out by the Departmentof Energy Efficiency and Sustainable Development and the Korea Energy Agency.–VNA
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The workshop in Hanoi on May 24 updates participants on the implementation of the project on promoting the investment market for energy efficiency in the industrial sector (Photo: VNA) 
