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Potential and opportunities of green energy in Vietnam

From 15 to 19 November 2021, a block seminar on wind power technology was organized by the IKI-funded project CASE Vietnam and other partners. Aiming at facilitating the gradual shift from jobs in conventional power plants to jobs in the renewable energy branch, the seminar targeted 60 experienced engineers and technical personnel who are working in the conventional energy sector with an interest in the clean energy/power sector in general.  

Latest information and study results available as well as in-depth discussions on the potential and opportunities in wind energy, technology research and development, and financing, new development trends of onshore and offshore wind power globally and for Vietnam was provided within the block seminar. Global experience and analyses suggest that with the improvement of new technology, the capacity factor of wind turbines could be increased by about 2.5% per year while the costs would amortize quickly. However, to develop offshore wind in Vietnam, there will be a need for stable long-term policies, institutional capacity building, as well clear targets and visions. The commitments pledged by the Prime Minister at COP26, including achieving net-zero emissions in 2050, are expected to accelerate the energy transition in Vietnam. As a result, many thousands of workers will have to shift from the conventional power sector to the renewable energy sector.  

Please find here an analysis on the potential of renewable energies for occupancy in Vietnam, conducted by the IKI-funded COBENEFITS projects that concluded in 2021. 

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In charge of this newsletter:
Daniel Herrmann,
IKI Interface Vietnam
GIZ Office Vietnam
Project “Support to Vietnam for the Implementation of the Paris Agreement II” (VN-SIPA II)

Editor: Tran Xuan Quynh

Photo Credits:
tuoitre, pixabay

The IKI Vietnam Newsletter is administered by the IKI interface in Vietnam hosted by GIZ. It informs regularly about news of climate change and biodiversity projects in Vietnam financed by the International Climate Initiative (IKI). The International Climate Initiative (IKI) is an important part of the German government’s international climate finance commitment. Since 2022 the IKI is implemented by the Federal Ministry for Economic Affairs and Climate Action (BMWK) in close cooperation with the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV) and the Federal Foreign Office (AA).

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