Demand-Side Management and Energy Efficiency Program

This DSM operation is associated with the IDA System Efficiency Improvement, Equitization and Renewables Project (SEIER) and part of a long-term power sector strategy for Vietnam. The project consists of two components: (i) a second phase DSM component under Electricty of Vietnam (EVN); and (ii) implementation of a pilot commercial EE program by the Ministry of Industry (MoI) to support emerging Energy Service Industry. The EVN component consists of four large DSM programs and supporting activities to achieve major reductions in peak load, improve system load factors, transform select lighting markets, and assist customers with ongoing tariff reforms. The MoI component seeks to test and develop business models and mechanisms to support commercial EE services and investments in industrial and commercial facilities.

Financial mechanism
GEF
Date of approval
Status
Completed
Countries
Managing organisations
Ministry of Industry
Vietnam and Electricity of Vietnam (EVN
utility
Implementing organisations
World Bank
Project ID
1083
GEF project type
Full size
GEF project phase
GEF - 3
GEF Cofinancing
$13.060.000
GEF project grant
$5.500.000
Executing Agencies
Ministry of Industry, Vietnam and Electricity of Vietnam (EVN, utility)