1. Overview of Decree 80/2024/ND-CP Decree 80/2024/ND-CP lays the foundation for Vietnam’s renewable energy development, focusing on the Direct Power Purchase Agreement (DPPA) mechanism. It enables large electricity consumers to directly purchase renewable energy, bypassing intermediaries, and supports Vietnam’s commitment to sustainable energy transitions. 2. Key Provisions of Decree 80/2024/ND-CP Eligibility for DPPA Participation: Consumers […]
1. Who Are Renewable Energy Developers in Vietnam? Renewable energy developers in Vietnam are entities that design, build, and operate renewable energy projects, such as solar farms, wind farms, and rooftop solar systems. They are at the forefront of the country’s energy transition, promoting clean energy solutions and reducing reliance on fossil fuels. 2. The […]
1. Overview of DPPA Regulations in Vietnam Direct Power Purchase Agreement (DPPA) regulations in Vietnam are designed to facilitate direct energy transactions between large consumers and renewable energy producers. These regulations support Vietnam’s commitment to Net Zero emissions by 2050, promoting the adoption of sustainable energy solutions. 2. Key Highlights of DPPA Regulations Eligibility Requirements: […]
1. What is the DPPA Mechanism in Vietnam? The Direct Power Purchase Agreement (DPPA) mechanism in Vietnam allows large electricity consumers to purchase power directly from renewable energy producers. Introduced under Decree 80/2024/ND-CP, the DPPA framework facilitates energy transitions by offering businesses a direct path to clean, cost-effective power sources. 2. Key Features of Vietnam’s […]