TAILIEUCHUNG - Exploitation and Use of Bioenergy during the Implementation of Vietnam’s Green Growth Strategy: Status and Policy Recommendations
Bioenergy exploitation and use play an important role in the implementation of the National Green Growth Strategy recently approved by the Government of Vietnam. This article focuses on the legal framework and policies for bio - technology development in Vietnam, the potential and current status of bioenergy exploitation and use, and points out existing obstacles and bottlenecks based on which it will make some policy recommendations for enhancing the exploitation and use of bioenergy sources in Vietnam. | POLITICS - ECONOMICS Bui Quang Tuan, Ha Huy Ngoc Exploitation and Use of Bioenergy during the Implementation of Vietnam’s Green Growth Strategy: Status and Policy Recommendations Bui Quang Tuan * Ha Huy Ngoc ** Abstract: Bioenergy exploitation and use play an important role in the implementation of the National Green Growth Strategy recently approved by the Government of Vietnam. This article focuses on the legal framework and policies for bio - technology development in Vietnam, the potential and current status of bioenergy exploitation and use, and points out existing obstacles and bottlenecks based on which it will make some policy recommendations for enhancing the exploitation and use of bioenergy sources in Vietnam. Key words: Bioenergy; bio - technology, green growth, policy. The persistently high economic growth rate experienced by Vietnam over the past years has led to an increase in electricity demand and consumption. During the period of 2001-2011, electricity production (including imported sources) grew at an annual average rate of , which was nearly twice the rate of overall economic growth. Electricity demand is expected to maintain its growth momentum in the upcoming period, averaging at around 10% per year throughout the period of 2011 2030. This presents various problems related to energy security and environment. According to estimates by the OECD (2011), if Vietnam’s energy sector continue to use traditional fossil fuels, its emissions level in 2030 will increase times compared to today’s level. Currently, fossil fuels occupy a significant share in the total output of the electricity industry. Given its geographical, climatic advantages and natural characteristics, Vietnam has vast potential in renewable energy, including: hydropower, solar energy, wind energy, bioenergy. In order to exploit these potentials, over the past years, the Government of Vietnam has enforced many policies to promote the development of these energy sources, .
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