Self-consumption rooftop solar systems would be permitted to export surplus electricity to the national grid, capped at 50 per cent of the total output.
Green transition is no longer an option rather, it has become a top strategic priority for businesses, especially as Việt Nam has committed to achieving net-zero emissions by 2050.
Việt Nam needs to step up international cooperation to accelerate its energy transition as the country faces rising electricity demand, experts said at a conference held by the Institute for Brand and Competitive Strategy on Tuesday in Hà Nội.
Deputy Minister of Industry and Trade Nguyễn Hoàng Long said the national energy master plan revision is more urgent than ever as the plan must meet fast-growing energy demand and adapt to major institutional and policy changes as well as...
A group of 23 foreign direct investors in the renewable energy sector has recently submitted written petitions to some ministries regarding the issue of payment for 173 renewable power projects under the Feed-in Tariff (FIT) price mechanism.
The study also found that the revised PDP8 has a more efficient investment structure and reasonable development orientation than the global benchmarks based on reports of the International Energy Agency.
The draft resolution encourages private enterprises to participate in SMR development to supply electricity for industrial projects such as steel plants, petrochemical complexes, and data centres.
The summit is expected to bring together top business leaders, government representatives, and experts from various fields to explore collaboration opportunities in key areas such as trade, environmental, social and governance (ESG), and finance.
Deputy Prime Minister Bùi Thanh Sơn at a conference on Thursday asked strict penalties to be raised against developers of stagnant power projects to prevent setbacks from threating the national energy security.
The Ministry of Industry and Trade stressed the need to review direct power purchase agreements and new energy mechanisms to ensure transparency, feasibility and support for Việt Nam’s renewable energy transition.
Việt Nam is undergoing rapid change amid the Industry 4.0 and facing global challenges such as pollution, climate change, energy insecurity, and resource depletion.
Under the dispatch, the Prime Minister ordered that each authority must settle issues within its jurisdiction, and hold accountable for the accuracy and timeliness of its report.