Vietnam's energy demand will increase rapidly

(Engineering daily) Nguyen Anh Duong = Director of the US Agency for International Development (USAID)'s Environment and Social Development Office Christopher Abrams has suggested Vietnam should pool domestic resources to develop renewable energy and import natural gases to increase their supply in the future.

Abrams said Vietnam and other countries have recognised that clean and renewable energy is the future of the energy sector.

With annual economic growth of 6-7%, Vietnam's energy demand will increase by 10-11% between now and 2030.

According to him, Vietnam's challenge in the next 5-10 years is managing discontinuous power resources and transmission systems to bring power to areas in demand.

The power development master plan VIII will be announced in the near future, which will devise measures to enhance the use of renewable energy apart from thermal power and natural gases, join wholesale and auction markets, as well as public – private partnerships in building transmission systems.