Energy Industry

Energy Industry

The energy industry today plays a key role in sustainable development and responding to global climate change. Therefore, to develop this industry, optimal solutions are needed.

Current energy needs

In Vietnam, the demand for energy is constantly increasing. Realizing the important role of the energy sector, all levels and sectors always strive to ensure adequate energy supply for business and production activities, improve people’s lives, contribute to economic growth and maintain national security and defense.  In addition, Vietnam is one of the countries severely affected by climate change, but has abundant renewable energy potential. Meanwhile, traditional domestic primary energy sources are increasingly depleted, so promoting the development of renewable energy sources is even more important. In particular, using renewable energy will help reduce the use of imported coal, contribute to reducing greenhouse gas emissions, ensure energy security, and serve the country’s economic and social development.

In the energy sector, the demand for electricity consumption is estimated at about 8% per year until 2030, while GDP increases by an average of about 6 – 7% per year. Therefore, to save electricity consumption, the most effective and least expensive solution is to improve energy efficiency. In addition, to develop clean energy and renewable energy, both meeting the requirements of socio-economic development and ensuring national energy security, environmental protection and sustainable development, many solutions have been proposed for the energy sector. A typical example is the solution of using modern, advanced machinery and equipment operating on renewable energy and clean energy sources.

Nam Phat’s solutions for the energy industry

Energy and sustainability are two parallel topics, often linked together when mentioned. The increase in domestic electricity demand and industrial production activities are having a negative impact on the environment. Electricity production through renewable energy sources and efficient energy use will help solve the needs of society, economy and environment. Products distributed by Nam Phat of WEG Group currently possess the most advanced technologies to produce clean energy equipment and machinery to serve solar, wind, biomass and hydropower projects.