While direct power purchase agreements have been one of the key drivers of global renewable energy infrastructure, especially in wind and solar, there is no defined plan for a pilot mechanism in Vietnam yet.
Wind power is a clean energy solution for Vietnam in the coming years as the country has huge potential in the field, energy experts has said.
Rising winds could increase energy production from turbines by a third over the next decade.
Many households and enterprises in Vietnam have proposed continuing the solar power purchasing price at 9.35 cent per kwh, as applied before June 30.
With limitless potential, solar power is expected to become the solution for Vietnam to ease reliance on fossil fuel. However, after four years of mass deployment, many problems have arisen, including environmental risks.
The Ministry of Industry and Trade (MOIT) said Vietnam will have to increase the import of electricity from Laos and China.
Many power generation projects are under slow implementation and not likely to be put into operation in coming years, according to the Vietnam Energy Association (VEA).
Vietnam is set for wind energy expansion, with over a gigawatt expected to be installed by 2021.
UK based Enterprize Energy (EE) announced it had received a licence to conduct survey for a giant wind power farm offshore Ke Ga cape in the south central province of Binh Thuan.
Representatives from ministries and agencies made clear issues of public concern, such as the fight against counterfeit and fake goods and use of renewable energy during the government’s regular press conference in Hanoi on May 31.