A proposal to prevent self-producing and self-consuming rooftop solar power from being connected to the national electricity grid could discourage investors.
The draft decree on direct power purchase agreements, if adopted, will be a convenient mechanism for both renewable energy power generation projects and large customers, but there are still concerns about power transmission and expanding the number of electricity buyers.
Despite ample opportunities in renewable energy, Vietnam needs to remove legal bottlenecks to facilitate the progress of solar, wind power, and liquefied natural gas projects.
Water flows have dropped to the point that 11 hydropower plants have to stop generating to ensure safety, causing a shortage of about 5,000MW in the north.