20/02/2020 - 08:28 AM
Within the framework of “Vietnam Energy Efficiency for Industrial Enterprises Project” (VEEIE) which loaned by World Bank (WB), is expected to be implemented for the period of 5 years (2016-2020). The General Directorate of Energy and WB are cooperating to implement this project “Food processing industry – strategic sector study and subproject pipeline development for improving energy efficiency with integrated ozone and climate benefits” together. Accordingly, the list of energy efficiency projects, have been invested, is determined based on the results of the study and may borrow on VEEIEs projects’ concessional terms through the World Bank with a total budget up to $ 200 million. Within the scope of this project, the enterprises will be supported the implementation of energy audit, making reports on a feasibility study for the energy efficiency and saving subprojects, accessing to participating banks to be had concessional loans from the World Bank's capital.
Mr.Trinh Quoc Vu (Middle) - The General Directorate of Energy’s representative and WB’s representative at the workshop
Project objectives
“Vietnam Energy Efficiency for Industrial Enterprises Project” (VEEIE) offers loans for energy efficiency projects, contributes to achieving national targets for energy saving and reduction of greenhouse gas emissions. The project aims to remove barriers and create a favorable environment for industrial businesses can easily gain access to medium and long term Investment Financing for implement energy saving projects.
Also, this project helps identify potential energy savings and propose the implementation roadmap to improve energy efficiency for the food processing industry in Vietnam.
The potential for energy saving in the food processing industry
The recent research within the framework of the “Vietnam Energy Efficiency for Industrial Enterprises Project” (VEEIEs) to reduce ozone depleting substances indicates that: The old technologies and energy consumption technologies accounts for about 20-30% in food processing industry.
According to the national target program on energy saving, food processing industry energy is a large proportion of the total national energy consumption, approximately 3,986 KTOE, or 19.2% of total Energy consumption in the Vietnam’s industry.
The potential for energy saving in the food industry accounts for 20%. The popular energy is electricity (45%) and fuels (coal about 21% mainly).
Despite potential, most small and medium sized enterprises haven’t applied the fully method to save energy yet. Most of them still use the old equipment and poor energy efficiency.
According to international experience, developing country, the potential to improve energy by promoting energy management and restructuring production processes in the food industry is estimated to be high level, up to 40%. In particular, the potential savings for freezing storage, freezing, chilling / cooling system from 20-40%.
Improving energy efficiency in production also contributed to phasing out of old equipment; thereby, reducing greenhouse gas emissions and prevent global warming risk.
