Vietnam government drafting decree to boost rooftop solar energy.

By Oliver Townsend Jul 11, 2024
Vietnam Government to Draft Decree Encouraging Rooftop Solar Power Development.pngOrginal image from:

The Vietnamese government is taking steps to encourage the development of rooftop solar power for self-consumption by drafting a new decree. This initiative is part of a broader strategy to promote clean energy sources and reduce dependency on the national grid. Deputy Prime Minister Tran Hong Ha has instructed the Ministry of Industry and Trade (MoIT) to spearhead the development of this decree, which aims to allow self-produced electricity to bypass the national grid, as long as it does not exceed 10% of the installed capacity. This move is expected to boost the growth of rooftop solar installations across Vietnam.

Key Points of the Draft Decree

The Ministry of Industry and Trade, in collaboration with the Ministry of Finance, will focus on establishing fair and balanced electricity pricing mechanisms. Vietnam Electricity (EVN) will play a crucial role in ensuring the safe integration of self-produced power systems into the national grid. Additionally, the Ministry of Justice will work with relevant agencies to align the new decree with existing legal frameworks and the Power Plan VIII that was recently implemented.

Accelerated Process and Expected Outcomes

Deputy Prime Minister Ha has set a deadline for the MoIT to report back on the integration of feedback and completion of the draft decree by July 11, 2024. The final version is projected to be reviewed and issued by July 12, 2024. This proactive approach underscores Vietnam’s commitment to advancing renewable energy and creating a sustainable energy future. By encouraging investment in rooftop solar power, the government aims to enhance energy security and achieve environmental goals.

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