Promoting renewable energy an urgent requirement: Experts

Along with its rapid economic growth, Việt Nam’s electricity demand is also increasing strongly, at around 10 per cent a year, causing huge pressure on the energy sector, according to the Ministry of Industry and Trade.

Trương Thanh Hoài, director general of the ministry’s industry department, said the country’s total electricity capacity reached nearly 50,000 MW last year to more or less meet demand.

Việt Nam’s power capacity is the second highest among Southeast Asian countries and 30th in the world, he said.

Speaking at a conference on Việt Nam’s strategy for developing green energy and energy saving until 2020 in HCM City last Wednesday, Nguyễn Phương Đông, deputy director of the city Department of Industry and Trade, said the growth in energy demand in the country is much higher than in places like Japan and Europe.

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