171 In the SC6 Low Carbon scenario, energy intensity is forecasted to improve significantly with a decrease of 10 4% over the next 16 years This is equivalent to an average decrease of 0 9% per year,[.]
171 In the SC6 Low Carbon scenario, energy intensity is forecasted to improve significantly with a decrease of 10.4% over the next 16 years This is equivalent to an average decrease of 0.9% per year, reaching 245.2 Toe per million dollars in 2030 The energy intensity in SC6 would be 4% higher (11 Toe per million dollars), which is marginally higher than SC2, and much lower than SC1, SC3, SC4, and SC5 Energy intensity in SC6 would be 65 % lower in 2030 (235 Toe per million dollars) than the SC1 scenario, 67 % (242 Toe per million dollars) lower than SC3, 58 % (217 Toe per million dollars) lower than SC4, and % (8.2 Toe per million dollars) lower than SC5 (Figure 6-8) Meanwhile, the decline of energy intensity would be 3.8 % lower than SC2, which is expected to generate the highest improvement among scenarios The main contribution to this improvement is the goal of pursuing a lower carbon future under the energy–food–water nexus approach of SC6, whereby a higher percentage of investment would be allocated to improving energy production capacity and adopting renewable energy resources As the second-lowest energy intensity scenario, SC6 is expected to drive a positive contribution to energy security from various economic sectors, achieving a moderate improvement in energy intensity for the long term, and significantly reducing CO emissions 6.1.3 Energy Conversion Efficiency Vietnam is among the lowest per capita energy-consuming countries, and among the world’s highest energy-intensive countries as well This indicates there is low energy efficiency in Vietnam in the final use and conversion sectors, despite an existing energy efficiency program founded in 2006 Such inefficiency would continue to cause considerable adverse economic and environmental impacts in the long run This recognition requires Vietnamese policymakers to enhance the effective use of energy further, with emphasis on both the supply and demand sides Energy efficiency is a central issue more than ever before in Vietnam for the achievement of policy goals, including economic growth and improving energy security The overall energy conversion efficiency in Vietnam, as found in this research, is expected to improve moderately during 2014–2030, with 25% of energy being lost on average before it reaches the final consumption point The improvement in Vietnam’s energy conversion efficiency is likely to differ between non-nexus and nexus-based scenarios, except for the SC2 energy-oriented approach The trend of overall energy conversion efficiency will