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At the press meeting

Baek briefed the press on the noteworthy outcomes of his working trip to Vietnam, especially the launch of the Vietnam Energy Outlook Report 2019 (EOR 19) – a milestone in the energy cooperation between the two countries.

The report proposed a number of solutions to address challenges that Vietnam is facing, he said, adding that it also contributed to the building of the country’s eighth national electricity development plan.

Vietnamese agencies could base on this report to carry out a green and cost-effective energy transition as well as reduce dependence on imported fossil fuels, he suggested.

The EOR 19 presented three scenarios to achieve the goal of reducing coal consumption and hydropower dependence as well as saving energy and promoting the use of renewable energy in Vietnam.

To obtain the target of developing renewable energy, Danish experts recommended Vietnam reduce coal consumption, increase the use of energy-efficient means, and support large-scale energy-saving investment projects. 

In 2013, the Vietnamese and Danish Governments signed long-term cooperation agreements in energy. The first Vietnam Energy Outlook Report was published in 2017.

Source: VNA