Energy Supply and Green Economy

Han Phoumin

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Abstract

Vietnam’s Energy Supply towards Green Economy 2045 is talking about “Sustainable Energy Supply” situation in which Vietnam’s energy system will shift towards renewables and cleaner energy assessing their efficacy and adoption of clean energy technologies in the entire energy system. This means that Vietnam will need to navigating the energy system that can support the sustainable development to achieve Vietnam’s strategic goal of high-income country while addressing climate change simultaneously. The presentation will review the historical energy demand supply situation and forecast clear picture about the future energy demand. The presentation will also address the issues of decarbonisation in the electricity sector that still largely depend on fossil fuels such as gas and coal for power generation. It will seek the plausible solutions that can support the sustainable growth by redesigning the energy landscape towards low and zero emission energy technologies through the introduction of renewables (biomass, hydropower) and variable renewable energy such as wind and solar PV, and the possible option of nuclear power generation. The introduction of efficient type of battery electric vehicles will be studied for Vietnam’s low carbon energy transition in road transport sector. Furthermore, the role of Carbon Capture, Utilisation and Storage (CCUS) will be crucial to decarbonise the remaining emissions from power generation and industrial clusters such as cement industry. The emission in transportation sectors will need to be offset by negative emission technologies such as bioenergy and possibly the direct air capture with CCUS.


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Author Biography

Han Phoumin

Energy Economist at ERIA

With over 20 years of professional experience, Dr. Han Phoumin have collaborated with various international and intergovernmental organizations and multidisciplinary research consortia, focusing on energy markets and technologies, environmental sustainability, integrated water resource management, governance, and economic development across the ASEAN and East Asia regions. Currently, Dr. Han Phoumin serve as a Senior Energy Economist at the Economic Research Institute for ASEAN and East Asia (ERIA), where he have spent the last twelve years specializing in the power sector and energy system. My areas of expertise include electricity market integration, waste-to-energy solutions, sustainable hydropower development, renewable energy policy research, energy efficiency and conservation, clean coal technology, energy security, carbon capture and storage, financing energy transition technologies, gas master planning, and energy demand and supply forecasting. As the team leader and lead editor for the Energy Security White Paper supporting the Lao PDR ASEAN Chairmanship in 2024, I oversaw 15 chapters of evidence-based research, marking a significant contribution to the field. My work informs high-level policy discussions at prominent forums including East Asia Energy Forum organized by ERIA. Recently, I have led the studies on Critical Minerals Supply Chain in ASEAN and East Asia, the carbon market studies, and green digital finance with national bank of Cambodia, and energy transition studies, and other projects.