News facts
CTCN Network member Econoler was selected to provide technical services to develop a pilot Energy Service Company (ESCO) for the cement industry in Viet Nam.
The sustainable and low-carbon development of the cement sector is a high priority for the Government of Viet Nam. The objective of this technical assistance is to support Viet Nam's Ministry of Construction and the cement sector to develop a pilot ESCO model which will enable the Vietnamese cement industry to attract public and private investments that focus on energy efficiency and conservation.
The pilot will include an identification and assessment of suitable plant sites for the ESCO approach. Econoler, along with its Viet Nam-based partner, will produce a feasibility study, investment report and investment-grade energy audit for selected technologies. It will also develop a monitoring and verification plan for the ESCO model that fits into the Nationally Appropriate Mitigation Actions framework, evaluate the ESCO pilot, and provide strategic and operational recommendations to expand this approach across the entire cement sector.
Econoler is a private sector consulting firm established in Canada with the mission to provide quality energy efficiency and renewable energy professional services while respecting sustainable development principles. Econoler is specialized in energy efficiency and has 35 years of experience with around 4 000 projects conducted in close to 130 countries in the world.