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SHARING PTX GLOBAL PERSPECTIVES AND VIET NAM INSIGHTS

Organized on November 22, 2023 in Hanoi, the workshop “PtX global perspectives and Viet Nam GH2 Insights” provided a platform for the officials and experts of the field to discuss future directions of the Power-to-X (PtX) and green hydrogen industry in Viet Nam.

It was shared during the workshop that Viet Nam’s green hydrogen export potential from solar power and wind power can reach 23 million tons per year, according to the expert’s calculation. Hydrogen is being considered a priority energy source to replace fossil fuel and is expected to account for a significant proportion of Viet Nam’s energy structure in the future, stated the leader of the Oil, Gas, and Coal Department (Viet Nam Ministry of Industry and Trade).

Experts shared findings of study during the workshop ©GIZ Viet Nam

To develop a sustainable PtX and green hydrogen industry, Viet Nam is recommended to establish standards and certifications for the PtX industry, as well as put effort into testing and operating a carbon market. Besides, it is necessary to prepare and attract skilled local and international labors, develop infrastructure, and provide financial support for domestic PtX projects.

Regarding investment orientation for green hydrogen, Viet Nam should prioritize investing on low-hanging fruits options, especially the industries with no alternative solutions to green hydrogen, or the ones that already use hydrogen, such as fertilizer production or desulfurization in refineries.

International and local experts exchanged and discussed at the workshop ©GIZ Viet Nam

The workshop is within the framework of the PtX Outreach Project, funded by the Federal Ministry for Economic Affairs and Climate Action (BMWK) and implemented by GIZ Energy Support Programme.

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In charge of this newsletter:
Daniel Herrmann, IKI.vietnam@giz.de
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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