We comment on new development regarding Vietnam's pricing of
renewable energy.
The electricity price to the consumer, is, of course, a
fundamental factor in any plan. Remarkably, the selling price at
which a power plant sells its electricity to EVN varies widely
depending on the method of power generation, technology, project
location, and when the project reached commercial operation.
The table below provides (i) a good summary of appliable tariffs
of existing renewable energy projects, and (ii) a list of
government bodies authorized to determine the tariff for renewable
energy projects–basically: wind, solar, biomass, waste.
Tariffs above apply only to projects that achieved commercial
operation before June 30, 2019 or from July 1,
20196 to December 31, 2020 (in case of solar power
projects) and before November 1, 2021 (in case of wind power
projects). These requirements do not apply to waste-to-energy
projects nor to biomass power projects.
