Commodity Market Report
Vietnam power and renewable markets H2 2018 summary
This report is currently unavailable
Report summary
Vietnam maintained strong electricity demand growth of close to 10% in the first 10 months of 2018. With limited domestic natural gas and coal resources, the country has moved significantly towards imported coal in the past few years to meet its incremental demand. Despite their huge potential and the declining cost of wind and solar, renewables have been mostly limited to hydropower plants. However, in 2018, development of solar and wind projects has escalated with favourable policy announcements. Firstly, the government increased the feed-in tariff for wind projects with commercial operation before 1 November 2021. Secondly, it also approved an extension of the commercial operation date for the solar feed-in tariff until the end of 2020. Meanwhile, the MOIT has announced that the wholesale power market is ready to launch in 2019. With power supply struggling to keep pace with that of demand growth, the introduction of the wholesale electricity market will likely face headwinds.
Table of contents
- Higher wind feed-in tariffs approved
- MOIT approves solar feed-in tariff extension
- Vietnam to open wholesale power market in 2019
- Corporate Direct Power Purchase Agreement (DPPA) for renewable energy
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Battle for the future 2023: Plummeting solar costs remake the power landscape in Asia Pacific
Analysis and outlook for APAC power technology and generation cost trends, including LCOE data and assumptions covering 26 technologies.
$15,000
Insight
China economic focus March 2024: how to achieve the 5% growth target?
Equipment and auto renewal and exports could pose upside surprises for the Chinese economy in 2024.
$950
Commodity Market Report
Latin America levelised cost of electricity 2023 (LCOE)
This report provides an analysis and outlook to 2050 for power technology and generation cost trends in Latin America.
$15,000