Country Assessments

Viet Nam Savings Policy Assessment

Country Overview

ANNUAL ENERGY CONSUMPTION OF ALL APPLIANCES IN 2040 (TWh)

Energy

Energy savings (TWh)

20

Energy

Percentage of total electricity use (%)

6.82

ANNUAL CO₂ EMISSIONS FROM ALL APPLIANCES IN 2040 (million tonnes)

CO2

CO2 emissions avoided (million tonnes)

18

Car

Equivalent to number of passenger cars (millions)

10

ANNUAL ENERGY COSTS OF ALL APPLIANCES IN 2040 (billion US$)

Energy Bill

Energy bill savings (billion US$)

1.7

Energy Plant

Equivalent to number of new power plants (500 MW)

9

SHARE OF ELECTRICITY SAVINGS FROM THE DIFFERENT APPLIANCES IN 2040 (%)

TOTAL ENERGY CONSUMPTION OF ALL APPLIANCES IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)

COUNTRY GENERAL INFORMATION

Electrification rate (%)

100

Transmission and distribution loss factor (%)

9

CO2 emissions factor (kg/kWh)

0.83

Population 2021 (million)

98.2

GDP per capita 2021 ($)

2,907

Residential electricity price ($/kWh)

0.08

CUMULATIVE SAVINGS (2022 - 2040)

Energy savings (TWh)

207

CO2 emissions avoided (million tonnes)

190

Energy bill savings (billion US$)

16.9

Lighting

ANNUAL ENERGY CONSUMPTION FROM LIGHTING IN 2030 (TWh)

Energy

Energy savings (TWh)

1.9

Energy

Percentage of total electricity use (%)

0.65

ANNUAL CO₂ EMISSIONS FROM LIGHTING IN 2030 (million tonnes)

CO2

CO2 emissions avoided (million tonnes)

1.8

Car

Equivalent to number of passenger cars (thousands)

990

ANNUAL ENERGY COSTS FROM LIGHTING IN 2030 (billion US$)

Energy Bill

Energy bill savings (billion US$)

0.16

Energy Plant

Equivalent to number of new power plants (100 MW)

4

CUMULATIVE SAVINGS (2022 - 2030)

Energy savings (TWh)

16.8

CO2 emissions avoided (million tonnes)

15.4

Energy bill savings (billion US$)

1.37

TOTAL ENERGY CONSUMPTION OF LIGHTING IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)

Residential Refrigerators

ANNUAL ENERGY CONSUMPTION FROM RESIDENTIAL REFRIGERATORS IN 2040 (TWh)

Energy

Energy savings (TWh)

2.32

Energy

Percentage of total electricity use (%)

0.78

ANNUAL CO₂ EMISSIONS FROM RESIDENTIAL REFRIGERATORS IN 2040 (million tonnes)

CO2

CO2 emissions avoided (million tonnes)

2.11

Car

Equivalent to number of passenger cars (millions)

1.2

ANNUAL ENERGY COSTS FROM RESIDENTIAL REFRIGERATORS IN 2040 (million US$)

Energy Bill

Energy bill savings (million US$)

190

Energy Plant

Equivalent to number of new power plants (500 MW)

1

CUMULATIVE SAVINGS (2022 - 2040)

Energy savings (TWh)

23

CO2 emissions avoided (million tonnes)

21.2

Energy bill savings (billion US$)

1.88

TOTAL ENERGY CONSUMPTION OF RESIDENTIAL REFRIGERATORS IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)

Commerical Refrigeration

ANNUAL ENERGY CONSUMPTION FROM COMMERCIAL REFRIGERATION IN 2040 (TWh)

Energy

Energy savings (TWh)

0.83

Energy

Percentage of total electricity use (%)

0.28

ANNUAL CO2 EMISSIONS FROM COMMERCIAL REFRIGERATION IN 2040 (million tonnes)

CO2

CO2 emissions avoided (million tonnes)

0.75

Car

Equivalent to number of passenger cars (thousands)

420

ANNUAL ENERGY COSTS FROM COMMERCIAL REFRIGERATION IN 2040 (million US$)

Energy Bill

Energy bill savings (million US$)

67

Energy Plant

Equivalent to number of new power plants (100 MW)

1

CUMULATIVE SAVINGS (2022 - 2040)

Energy savings (TWh)

7.73

CO2 emissions avoided (million tonnes)

7.1

Energy bill savings (million US$)

631

TOTAL ENERGY CONSUMPTION OF COMMERCIAL REFRIGERATION IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)

Room Air Conditioners

ANNUAL ENERGY CONSUMPTION FROM ROOM AIR CONDITIONERS IN 2040 (TWh)

Energy

Energy savings (TWh)

12.9

Energy

Percentage of total electricity use (%)

4.36

ANNUAL CO₂ EMISSIONS FROM ROOM AIR CONDITIONERS IN 2040 (million tonnes)

CO2

CO2 emissions avoided (million tonnes)

11.8

Car

Equivalent to number of passenger cars (millions)

6.6

ANNUAL ENERGY COSTS FROM ROOM AIR CONDITIONERS IN 2040 (billion US$)

Energy Bill

Energy bill savings (billion US$)

1.06

Energy Plant

Equivalent to number of new power plants (500 MW)

5

CUMULATIVE SAVINGS (2022 - 2040)

Energy savings (TWh)

118

CO2 emissions avoided (million tonnes)

108

Energy bill savings (billion US$)

9.6

TOTAL ENERGY CONSUMPTION OF ROOM AIR CONDITIONERS IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)

Distribution Transformers

ANNUAL ENERGY CONSUMPTION FROM DISTRIBUTION TRANSFORMERS IN 2040 (TWh)

Energy

Energy savings (TWh)

0.96

Energy

Percentage of total electricity use (%)

0.33

ANNUAL CO₂ EMISSIONS FROM DISTRIBUTION TRANSFORMERS IN 2040 (million tonnes)

CO2

CO2 emissions avoided (million tonnes)

0.89

Car

Equivalent to number of passenger cars (thousands)

490

ANNUAL ENERGY COSTS FROM DISTRIBUTION TRANSFORMERS IN 2040 (million US$)

Energy Bill

Energy bill savings (million US$)

79

Energy Plant

Equivalent to number of new power plants (100 MW)

2

CUMULATIVE SAVINGS (2022 - 2040)

Energy savings (TWh)

8.1

CO2 emissions avoided (million tonnes)

7.44

Energy bill savings (million US$)

662

TOTAL ENERGY CONSUMPTION OF DISTRIBUTION TRANSFORMERS IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)

Industrial Electric Motors

ANNUAL ENERGY CONSUMPTION FROM INDUSTRIAL ELECTRIC MOTORS IN 2040 (TWh)

Energy

Energy savings (TWh)

3

Energy

Percentage of total electricity use (%)

1.06

ANNUAL CO₂ EMISSIONS FROM INDUSTRIAL ELECTRIC MOTORS IN 2040 (million tonnes)

CO2

CO2 emissions avoided (million tonnes)

2

Car

Equivalent to number of passenger cars (millions)

1.6

ANNUAL ENERGY COSTS FROM INDUSTRIAL ELECTRIC MOTORS IN 2040 (billion US$)

Energy Bill

Energy bill savings (billion US$)

0.2

Energy Plant

Equivalent to number of new power plants (500 MW)

1

CUMULATIVE SAVINGS (2022 - 2040)

Energy savings (TWh)

28.2

CO2 emissions avoided (million tonnes)

25.9

Energy bill savings (billion US$)

2.3

TOTAL ENERGY CONSUMPTION OF INDUSTRIAL ELECTRIC MOTORS IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)

The savings potentials are calculated based on the assumption that Minimum Energy Performance Standards are implemented in 2022 at a level derived from the United for Efficiency Model Regulation Guidelines.

Full Methodology & assumptions (PDF)