Brian Jeffrey
A document from the Government Office has been sent to MOIT, MOF, and MOJ advocating for a decree to boost the growth of self-sufficient rooftop solar power.
Deputy Prime Minister Tran Hong Ha is proposing that owners of rooftop solar systems be permitted to sell excess power to the national grid, capped at 10 percent of total capacity.
MOIT and MOF are tasked with establishing electricity purchase rates with a focus on risk-sharing. EVN will purchase the surplus electricity from these systems while ensuring the grid’s operational safety.
MOIT will collaborate with various ministries and agencies to create guidelines to prevent any misconduct or misuse of resources.
MOJ will work with relevant parties to ensure conformity with existing regulations, including the eighth national power development strategy (Plan 8).
The decree draft is scheduled for completion by July 11, aiming for release before July 12, 2024.
Previously, MOIT had submitted a draft decree to MOJ concerning policies to encourage rooftop solar power development.
Due to solar power’s variability and reliance on weather conditions, the stability of the national grid’s electricity supply may be impacted.
Inadequate power quality might damage electrical devices in homes, offices, and industrial facilities with stricter requirements.
While Vietnam’s electricity grid is not as robust as those in developed nations like the US or EU, it has undergone significant modernization recently.
In Vietnam, relying on renewables for 33 percent of energy (or 54 percent including hydropower) might pose challenges such as instability and higher operational expenses for a developing nation.
