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ARTICLE · 05 DECEMBER 2022

Electricity Generation Price Range For Solar And Wind Power Plants

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At the end of 2020, the feed-in tariffs (FiT) regulation for solar power projects expired, and in late 2021, the same happened for wind power projects. However, some projects...

VietnamEnergy and Natural Resources
Thang Nguyen
Thang Nguyen
Duc Tran
Duc Tran
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At the end of 2020, the feed-in tariffs (FiT) regulation for solar power projects expired, and in late 2021, the same happened for wind power projects. However, some projects were being developed but did not meet the relevant FiT deadline. Since the expiration of the FiTs regulations, the Government has tried to find a way to address this. Circular No. 15/2022/TT-BCT was issued on 3 October 2022 (Circular 15) and hopefully will help to solve some of the outstanding issues. It provides methods to calculate electricity generation tariff range. Circular 15 will apply to transitional solar power plants (SPPs) and transitional w ind power plants (WPPs) (together referred to as Transitional Plants).

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