1. Management agencies from the National to local levels
2. Vietnamese electricity users indirectly benefit from the project by contributing to energy security and sustainable electricity supply
The Ministry of Industry and Trade (MOIT) is the lead agency charged with the advancement, promotion, governance, regulation, management and growth of industry and trade in Viet Nam. It also governs the development of the energy sector through three agencies, namely, the Electricity and Renewable Energy Authority (EREA), the Electricity Regulatory Authority of Viet Nam (ERAV) and the Electricity of Viet Nam (EVN). For this Technical Assistance, The EREA would be the main implementing agency.
With the sustained economic growth of Viet Nam since 2000, it has seen continuously increasing demand for electricity with consumer demand doubling every six years. To support this, Viet Nam has invested largely on hydro generated and coal generated electricity. Non-hydro renewable energy generation has so far been mediocre accounting for a meager 7.2% of total generation capacity. Realizing this, the Government has updated its commitment to use renewable energy sources in its National Power Development Plan (NPDP). Under the revitalized NPDP, the Government aims to increase generation capacity from renewable sources to 10.7% by 2030, to which, solar energy sources play a crucial part.
This TA aims to prepare the country for its first solar competitive bidding program with the intention of scaling-up the deployment of solar generated electricity at competitive prices.
- Conduct sites evaluation including grid study for the potential sites
- Conduct legal due diligence
- Prepare template tender documents and template project agreements
- Develop a Floating Solar Roadmap; and
- Conduct capacity building events for MOIT and other relevant agencies.
By Q3 2021, Viet Nam solar park proceeds to competitive tendering