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Vietnam has strong foundations for energy and fuel self-reliance: Australian expert

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(VOVWORLD) - Vietnam possesses the fundamental conditions to become a very strong independent fuel and energy country, but it needs clear long-term targets and stable policy commitments to fully realize this potential, an Australian energy expert has said.
Vietnam has strong foundations for energy and fuel self-reliance: Australian expert - ảnh 1Vietnam boasts abundant solar resources. (Photo: VNA)

Speaking to the Vietnam News Agency's correspondent in Sydney, Jarrod Leak, Chief Executive Officer of the Australian Alliance for Energy Productivity noted that Vietnam holds significant advantages, including abundant solar and wind resources supported by hydropower and battery storage, a growing electric vehicle industry, electrification-ready industrial sectors, and substantial biomass and bioenergy potential.

He emphasized that electrification and bioenergy will define the future of energy systems. To maximize benefits, Vietnam should establish clear targets alongside long-term policies and support programs that provide certainty for investors and industry, Leak suggested. 

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