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BD Director @Evonik Vietnam

📣 NEW: DPPA is permitted by the Vietnamese Government! A government decree issued today, July 03rd, introduces the direct power purchase agreement (DPPA) mechanism, allowing renewable energy producers to trade directly with large electricity consumers. This groundbreaking move enables rooftop solar power projects, wind power, and biomass energy projects to bypass Vietnam Electricity (EVN) entirely. The decree permits direct power trading through two options: private transmission lines or the national grid. Renewable energy producers such as solar, wind, small hydropower, biomass, geothermal, ocean waves, tidal, marine currents, and rooftop solar systems can all participate, provided they hold the necessary electricity operation licenses or are exempt from licensing. Trading via private transmission lines allows renewable energy producers and large consumers to negotiate purchase agreements, with any excess electricity sold back to EVN. Consumers also retain the flexibility to purchase electricity from EVN or other retail providers. Foreign-invested enterprises have long advocated for the DPPA mechanism, anticipating that it will enhance competition in the energy sector. #RenewableEnergy #RooftopSolar #DPPA #VietnamEnergy #SustainableFuture Source: VNExpress

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Michael Ignatiadis

Head of Supply Chain Consulting - Asia Pacific at JLL

5mo

Great news for Vietnam 🇻🇳 👌🏼

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