FROM "GREEN" PLANNING TO A SUSTAINABLE ECONOMIC DEVELOPMENT MODEL

Science must go first to lead and financial resources must be the lever, promoting the transformation of the development model towards a green, circular economy. All actions must be based on nature and people-centered, leaving no one behind. That was the Prime Minister's speech at the 26th United Nations Conference on Climate Change (COP26) in December 2021.

Vietnam's commitment to achieving net zero emissions by 2050 at this event is also an important milestone in sustainable development in our country's macro strategy. One of the main concretizations is the Draft Power Master Plan VIII (QHD8) which is being submitted to the government for approval.

Opportunities from the "green" plan

According to energy expert Dao Nhat Dinh, if the milestones were taken in between the COP26 event, the content of the draft PDP8 was already much "greener". On one hand, PDP8 is considered to be able to overcome the shortcomings of power source structure, reduce coal power, increase renewable energy (RE) and not develop an inter-regional transmission system by 2030. On the other hand, the plan also promotes harmonizingly the potential and advantages of localities in the overall balance and ensures the balance between power sources, among different regions.

According to the PDP8 research, the renewable energy potential (other than hydroelectricity) of Vietnam is very large, the technical potential is up to 2,078 GW, which, the high wind and good economic potential area are located in the Middle-south region (Binh Thuan, Ninh Thuan, Khanh Hoa, Phu Yen, Binh Dinh) with a total potential of about 80 GW (wind speed above 7-9 m/s); The total technical potential of solar power is up to 1,646 GW, concentrated mainly in the South, Middle-south, and Tay Nguyen.

Experts said that the draft Power Master Plan 8 has become "greener" after Vietnam's commitments at COP26

Dr. Can Van Luc, Chief Economist of BIDV analyzed: "Resolution 55 of the Politburo allows the socialization of electricity transmission and the electricity industry in general. So, sooner or later, to concretize Resolution 55, The government needs to allow the private sector to participate more in the power transmission system as well as in power investment projects who are going to pass soon.”

The strong development of solar power and wind power in the past time showed that if there is a plan for RE projects and a reasonable RE electricity price mechanism, it will attract a lot of investors, even small businesses. The planned and supplemented RE capacity scale has not yet fully met the investment proposals of investors and localities.

The phenomenon of "overheated development" of renewable energy in recent years also poses problems not only for management agencies when adjusting electricity sector planning but also for businesses themselves when investing in this field.

How to overcome problems such as "overheated development" of the field, typically the overload of transmission lines that have occurred? How to create a green and circular economic model as well as people-centered as the Prime Minister said? Certainly, answering these questions requires systematic and sustainable steps.

BIM Group's Green Economic Complex model combines renewable energy and clean salt production

Green economic complex in Ninh Thuan and the statistics of sustainability

In 2006, BIM Group started to invest in developing salt mining fields in Quan The, Thuan Nam district, Ninh Thuan province. Applying advanced technology and standards, the enterprise has quickly changed the way and the productivity of salt mining to perfect the process of industrial clean salt production. Quan The salt field has an annual output of about 400,000 tons with a revenue of 356 billion VND and contributed 7.75 billion VND to the state budget. The salt field employs more than 900 local workers.

And on the same area of ​​2,500 hectares at Quan The, after more than 10 years of surveying and planning on those that cannot be exploited for salt, BIM Energy of BIM Group continues to put into operation a cluster of 3 solar power plants. More than 1 million solar panels produce more than 668 million electricity each year and meet the needs of 200,000 households as well as create nearly 200 jobs that provide a stable income for locals.

Quan The salt field employs more than 900 local workers

The 30th of September 2021 marks an important step for BIM Energy when it comes to the commercial operation date (COD) of the BIM Wind Power Plant after 11 months of implementation, with a total capacity of 88 MW. The BIM Wind Power Plant officially operated commercially has realized the model of the Green Economic Complex with Renewable Energy combined with clean salt production. To create a model of an economic complex on an area of ​​2,500 hectares, over 15 years, BIM Group has invested VND 12,000 billion in projects in Ninh Thuan.

This is a typical model for the the approach to renewable energy industry towards sustainability. Not only optimizing local factors (sun and wind) as well as land resources, this complex creates a cycle of components when using renewable electricity to support salt production. On the other hand, the combination creates clear numbers that demonstrate the sustainability strategy. It employs more than 1,000 local workers, annually contributes about 270 billion VND to the budget, and reduces 600,000 tons of carbon.

Mr. Doan Quoc Huy, Vice Chairman of the Board of Directors of BIM Group, General Director of BIM Energy said: “Before PDP8 was approved, BIM Group saw the potential of the renewable energy sector and invested in sustainable orientation. and professional with the model of a green economic complex in Ninh Thuan. We believe that when this important plan is approved and put into operation, the picture of the energy industry in particular and the country's economy, in general, will continue to have positive changes."