Developers expect smoother LNG policy planning

Developers expect smoother LNG policy planning

The government has asked the Ministry of Industry and Trade to clarify the planning data and feasibility of liquefied natural gas power development towards 2030, which has set a target of almost 24,000MW, accounting for 16.4 per cent of the total power source in the nation’s draft master power plan.
Investors call for bankable PPA and reasonable price policies for energy projects

Investors call for bankable PPA and reasonable price policies for energy projects

Nguyen Thai Ha, director of T&T Energy Group JSC said that it has faced challenges with power purchase agreements.
EVN promises steady power prices amid rising energy concerns

EVN promises steady power prices amid rising energy concerns

Despite rising production costs, there will be no increase in electricity prices this year, stated Nguyen Tai Anh, deputy director of state-run Electricity of Vietnam.
Methods to achieve growth in tandem with energy goals

Methods to achieve growth in tandem with energy goals

As Vietnam’s economy is experiencing significant growth, so is its demand for energy consumption. The industrial sector, followed by the transport one, requires the highest growth rate and in fact also consumes the largest amount of energy. Energy efficiency, among others, is an integral part of reaching economic growth with the lowest possible amount of CO2 emissions.
Samsung Electronics Vietnam to purchase renewable energy directly from producers?

Samsung Electronics Vietnam to purchase renewable energy directly from producers?

Samsung Electronics Vietnam has requested the Vietnamese government for authorisation to directly purchase renewable energy from producers.
LNG Bac Lieu project expected to start in late 2021

LNG Bac Lieu project expected to start in late 2021

Bac Lieu People’s Committee expects that the construction of LNG Bac Lieu would be kicked off later this year, despite having to deal with numerous problems.
FiT for rooftop solar to drop 30 per cent

FiT for rooftop solar to drop 30 per cent

The new FiT for rooftop solar may be set at 5.3-5.8 US cents per kWh, instead of the 8.38 US cent that was applied to projects starting before the end of 2020.
Overhauling Vietnam’s solar prospects

Overhauling Vietnam’s solar prospects

The Ministry of Industry and Trade’s Circular No.18/2020/TT-BCT on project development and the standard form of power purchase agreements is a positive move that brings about new prospects for rooftop solar projects...
Adapting to new solar PPA regulations

Adapting to new solar PPA regulations

Vietnam’s Ministry of Industry and Trade recently issued Circular No.18/2020/TT-BCT which provides regulations on the development of solar power projects to guide the prime minister’s Decision No.13/2020/QD-TTg issued in April on the incentive mechanism for solar power development in Vietnam. 
Authorities ask LNG Bac Lieu power project to keep price at 7 US cent per kWh

Authorities ask LNG Bac Lieu power project to keep price at 7 US cent per kWh

The National Steering Committee for Electricity Development proposed the investor of Bac Lieu LNG project to keep the power selling price for PPA negotiation.
EVN and Phongsubthavy Group sign PPAs for Nam San hydropower projects

EVN and Phongsubthavy Group sign PPAs for Nam San hydropower projects

EVN and Phongsubthavy Group signed the PPAs for Nam San 3A (69MW) and Nam San 3B (45MW) hydropower plant projects on January 4, 2020.
New model for rooftops

New model for rooftops

The Ministry of Industry and Trade’s latest Circular No.05/2019/TT-BCT, which will come into effect on April 25, provides a model for a power purchase agreement specifically for rooftop projects...
New FiT puts new wind in sails of renewables

New FiT puts new wind in sails of renewables

The Vietnamese government approved the new, higher feed-in tariff for wind power.