AmCham Power and Energy

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Presentation transcript:

AmCham Power and Energy February 2019  

Mission Statement - AmCham - Power and Energy A Stakeholder’s Development Plan 2018 - 2019 To develop a functioning private sector in the Energy Sector focusing on clean energy, LNG and energy efficiency markets Vietnam, that will assist the implementation of the greenhouse gas emissions targets of the Vietnam INDC and its Green Growth Strategy. To promote transparency and competitiveness, to create low cost sustainable energy supplies, with the most appropriate and sustainable modern technologies while protecting those living below the social pyramid. To facilitate request for support from the Ministry of Planning and Investment on Climate Finance Acceleration, Communist Party Central Economic Commission on Masterplan #8 and MOIT on DPPA and other market stimulating measures. To professionalize the work of the Power and Energy with a full-time think tank with $200,000 year funding with other Chambers.

Management Team Full-Time Staff Executive Director and Advocacy – Luong Hung   BOARD Chair - John Rockhold Vice Chair – Gavin Smith Vice Chair – Ginny Foote Legal Advisor - Nguyen Thanh Hai

Main Advocacy in 2018 Main Advocacy in 2018 the Chair spoke and delivered papers at the last 2 VBF meetings with Government in June and December 2018, to Chairman and the Central Economic Section June 2018, Vice Director MPI, 2 meetings with MOIT/ERAV, US Department of Energy, 2 meeting US Administration on Indo Pacific EDGE. 11 minute film with National Assembly on Environment and Clean Energy.    http://quochoitv.vn/Videos/muon-mau-cuoc-song/2018/6/hien-trang-nang-luong-tai-viet-nam/214443

2019 action plan will be Completed in Early March Strategic Planning - support to the Government of Vietnam in implementing their strategy of private sector involvement in the power and energy sector.   To engage with the Government of Vietnam in the process of developing a Power Development Plan (Masterplan) #8 beginning quarter 1 2019 and continuing to 2020. Contributing: Made in Vietnam Energy Plan 2.0 Market Assessment (Vietnam, SE Asia comparative data), Commercial Finance Map (what is available to do what, at what price and under what conditions), Legal and policy support, what are the best practices in ASEAN and the world showing results. Retail Energy Pricing Assessment (measuring consumer price sensitivity, electricity needs and concerns) Climate Finance Resources Map (what concessional funds are available to promote the private sector engagement in sustainable energy) Consensus Promotion by leveraging VBF’s existing relationships in MOIT (ERAV, EREA), MPI (the office of the NDA), MONRE, MOF, MOC, The Central Economics Committee of the Communist Party and the National Assembly

Activities Running access events to gather members support and commitment to the process, engaging government in teleconferences, meetings and working groups. Attending regular meetings with CEC, MOIT and other Ministries in Hanoi. Bringing global experts to Vietnam to facilitate rapid learning and knowledge sharing.   Systematic Research and Data Gathering to identify the whole range of benefits of a fast transition to cleaner energy in Vietnam Update policy engagement papers and data, including commissioning external independent economic reports, research and legal analysis e.g. Attitudes to Energy Survey of FDI companies 2019, Analysis of Legislation and Regulations