Development of Energy Efficiency Action Plan at Provincial Level of Vietnam
Energy efficiency (EE), which is one of the pillars of national strategy to improve economic competitiveness and sustainability of the economy. This is an area that complements and cross-cuts such national strategic goals as easing the burden of energy costs on the economy, ensuring energy supply security, alleviating risks arising from external dependency, the transition to low-carbon economy and protection of the environment. The energy consumption by Vietnam increases faster than in developed countries on account of population growth, rising prosperity, strengthening service sector and industrialization. The Vietnam National Energy Efficiency Program (VNEEP) was approved in 13th March 2019 in Decision No. 280/2019/QD-TTg by the Prime Minister to set up the energy efficiency goals as well as activities, and outcomes for period 2019 – 2025 and 2026 – 2030 (Prime Minister of Vietnam, 2019). In accordance with the VNEEP program, all city/provincial governments have been developing their own action plans of EE to achieve the goals of 5%-7% of energy consumption. Through case study, the main purpose of this study is to develop the action plan of EE implementation (EEAP) at provincial level of Vietnam.
Keywords: Energy Efficiency, Energy policy, EE action plan
JEL Classifications: L5, P18, Q43, Q47, Q48