Specifically, the proposed framework sets the price at 3,975.1 VND/kWh for the northern region (including Quang Ninh, Hai Phong, and Thai Binh), 3,078.9 VND/kWh for the south-central coastal region (Binh Thuan), and 3,868.5 VND/kWh for the southern region (Ba Ria – Vung Tau).
Vietnamese firms have ample opportunities to develop green and clean projects, particularly in renewable energy, heating, ventilation and air conditioning (HVAC), data centre and smart building construction, experts said at a series of seminars on energy held in Ho Chi Minh City on September 4.
Existing staff working in the oil sector, and those who work building construction on the sea, electricity plants and marine industry can move to work in various technical positions in the offshore wind sector.
Unlimited capacity, exemption from power operation licenses, various tax exemptions and reductions, access to loans are some of the incentives for rooftop solar power systems for self-consumption.
Vietnam is willing to cooperate with and learn from Singapore in developing green and sustainable energy industry towards ensuring energy security and safety, Deputy Minister of Industry and Trade Dang Hoang An has said.
The Just Energy Transition Partnership (JETP) provides important financial and technological solutions and should also be a target for the implementation of Power Development Plan VIII, Deputy Prime Minister Tran Hong Ha has said.
The Ministry of Industry and Trade has suggested the Government remove coal-fired plants with a capacity of 14,120 megawatts from Power Development Plan VIII (for 2021-30), which is currently being drafted.
Power Development Plan VIII plans to phase out coal-fired power plants to curb CO2 emissions, with no more new plants after 2030, according to a seminar held by the Ministry of Industry and Trade (MoIT) in Hanoi on June 22.
The Ministry of Industry and Trade has completed and officially submitted the Power Development Plan VIII to the Government. This plan considers developing hydroelectricity and renewable energy projects at an appropriate scale.
The Vietnam Business Forum will roll out next week the second edition of the Made in Vietnam Energy Plan (MVEP 2.0), a business case for the primary use of Vietnam’s domestic resources to stimulate investment in clean, secure and affordable energy generation.