Investing in renewable energy to save power
August 21, 2011 about Uncategorized
LookAtVietnam - Many families and businesses have
started using energy-saving products to cope with the soaring prices of
electricity, petrol, and gas. However, there remain certain snags in developing
renewable energy in Vietnam.
started using energy-saving products to cope with the soaring prices of
electricity, petrol, and gas. However, there remain certain snags in developing
renewable energy in Vietnam.

Innovations
Many innovations have been introduced in response to the
energy-saving campaign launched by the Ho Chi Minh City Power Corporation.
energy-saving campaign launched by the Ho Chi Minh City Power Corporation.
The family of Nguyen Thi Ngai in Tan Binh district is one
of 800,000 families in Ho Chi Minh City who can now save nearly VND100,000 a
month after replacing the old incandescent lamps with compact light bulbs. Le
Thi Xuan in District 3 said her family has decided to use a solar-powered water
heater and turn off all light bulbs in the house at peak time in the evening
when necessary.
of 800,000 families in Ho Chi Minh City who can now save nearly VND100,000 a
month after replacing the old incandescent lamps with compact light bulbs. Le
Thi Xuan in District 3 said her family has decided to use a solar-powered water
heater and turn off all light bulbs in the house at peak time in the evening
when necessary.
Nguyen Anh Vu, head of the Public Relations Department of
the HCM City Power Corporation, said his company recently launched a
communication campaign to raise public and business awareness of the need to
save energy and has received a positive response from many families and
businesses in the city.
the HCM City Power Corporation, said his company recently launched a
communication campaign to raise public and business awareness of the need to
save energy and has received a positive response from many families and
businesses in the city.
In the first six month of 2011, the city saved as much as
198.59 million kWh of electricity (85.41 per cent of the annual target). Of the
total, 40.9 million kWh was saved in public lighting (21.6 per cent) 101.7
million kWh in daily lighting (51.2 per cent) and 34.2 million kWh in production
(17.2 per cent).
198.59 million kWh of electricity (85.41 per cent of the annual target). Of the
total, 40.9 million kWh was saved in public lighting (21.6 per cent) 101.7
million kWh in daily lighting (51.2 per cent) and 34.2 million kWh in production
(17.2 per cent).
Hoang Minh Ba, director of the JSC Technical Services
Telecom - TST member Group Posts, says not a few businesses are still using
backward technologies which consume much power.
Telecom - TST member Group Posts, says not a few businesses are still using
backward technologies which consume much power.
In addition, power waste in households remains a big
problem as they have no energy-saving equipment.
problem as they have no energy-saving equipment.
Challenges
In order to ensure the sustainable development of
businesses and improve their competitive edge, it is imperative for them to use
renewable energy such as wind, solar, and bio energy.
businesses and improve their competitive edge, it is imperative for them to use
renewable energy such as wind, solar, and bio energy.
However, the cost of investment in renewable energy
projects is very high beyond the reach of domestic businesses.
projects is very high beyond the reach of domestic businesses.
Tran Anh Hao from the Ho Chi Minh City Department of
Industry and Trade cites another reason for low foreign investment in such
projects is the low price of electricity in Vietnam.
Industry and Trade cites another reason for low foreign investment in such
projects is the low price of electricity in Vietnam.
The department is sponsoring an energy-saving exhibition (Enertec
Expo 2011) in the hope that visitors will be able to gain access to
energy-saving technologies and products and contribute to implementing the
national strategy on energy efficiency and reduction of environmental pollution.
Expo 2011) in the hope that visitors will be able to gain access to
energy-saving technologies and products and contribute to implementing the
national strategy on energy efficiency and reduction of environmental pollution.
Source: VOV
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