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DPPA pilot to prompt low-carbon adoption 14:00 | 12/05/2021
DPPA pilot to prompt low-carbon adoption, illustration photo
To meet renewable energy targets and promote private sector investment in energy, Vietnam is currently reviewing and finalising a direct power purchase agreement (DPPA) mechanism that will allow businesses in Vietnam to procure electricity directly from private companies producing renewable energy and enable them to power their operations with 100 per cent renewable energy.
The Electricity Regulatory Authority of Vietnam under the Ministry of Industry and Trade has released a draft circular guiding implementation of a DPPA pilot programme between private renewable power generation companies and power consumers.
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