Deputy PM Demands Energy Strategies Attached to Economic Growth

4:29:05 PM | 9/29/2006

Permanent Deputy Prime Minister Nguyen Sinh Hung has called for all relevant ministries and state agencies to ensure national energy security, closely attaching energy development strategies to the economic growth, state media reported September 26.
 
Dung made the call at a working session with senior officials from the ministries of Industry, Investment & Planning, and Finance and other representatives from concerned agencies, during which they discussed the National Energy Development Strategy in 2006-2015, and Visions towards 2025.
 
The sixth Power Development Planning comprising nine policies must give priorities to the country’s national power security, Hung stressed, adding that it is still incomplete and unclear.
 
Deputy PM Hung also asked the Industry Ministry to continue to poll several ministries and sectors and submit its report to the Prime Minister and Politburo for approval.
 
Meanwhile, Industry Minister Hoang Trung Hai reiterated that under the new blueprint, a market-based policy should be adopted with government subsidies in a transparent and accountable mechanism.
 
The energy development strategy aims at boosting the development of the hydropower generation sources, ensuring stable supply of coal and gas for thermal power sources, enhancing the utility of recycled energy, and accelerating the purchase of power from neighboring countries.
 
The electricity output for production activities in the 2006-2010 period will make up 16.1 per cent of total output, in the 2011-2015 period, 11 per cent, between 2016 and 2020, 9.1 per cent and in the 2021-2025 period, 8 per cent; whereas the ratio of commercial electricity output is 16.3 per cent, 11.2 per cent, 9.3 per cent and 8.2 per cent, respectively.
 
Currently, about 90 per cent of the country’s population of 83 million gain access to power.
Vietnam & World Economy