Energy Efficiency in Urban Areas (commissioned by BMZ) (parallel financing with ADB)

Project Dates: January 2014 - December 2020

Energy Efficiency in Urban Areas (commissioned by BMZ) (parallel financing with ADB)

PROJECT OBJECTIVE

Rehabilitation and modernization of power grid in urban areas in Hanoi and HCMC in order to reduce losses and avoid CO2 emissions and to ensure a reliable and cost-effective power supply.
Installation of new meters, rehabilitation and upgrade of substations and MV & LV lines in urban grid.

PROJECT DESCRIPTION

In Vietnam, carbon intensity has steadily increased between 1990 and 2019 where it is approximately 70tCO2/TJ. This reflects the continuously high share of fossil fuels in the energy mix.The level of energy use per capita is closely related to economic development, climatic conditions and the price of energy. Energy use per capita in Vietnam is 40 GJ/capita, but increased by 24% in the five years between 2014 and 2019.