In Vietman, Vietnam Investment Review reported that a recently issued government decree permits rooftop solar, waste-to-energy, and biomass projects to engage in direct power purchase agreements (DPPA) without routing through Vietnam Electricity (EVN).
The decree, announced on July 3, outlines a mechanism for direct power transactions between renewable energy producers and major electricity consumers. This initiative aims to enhance flexibility and competition in Vietnam’s energy sector, according to the report.
The report added that the government allows direct power sales through two methods: private power lines and the national grid. For private power lines (bypassing EVN), renewable energy producers, including solar, wind, small hydro, biomass, geothermal, ocean wave, tidal, marine current, and rooftop solar systems, can participate.
Waste-to-energy is currently excluded from this mechanism due to unclear classification as renewable energy, but it may be included in the future upon approval from relevant authorities, the report added.
More on the story.
Tags: direct power sales, Vietnam
Category: Fuels
