- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
Implementing the direct electricity purchase mechanism brings many economic and environmental benefits and creates condition for the sustainable development of the electricity sector. Thus, this mechanism has become increasingly necessary and urgent.
Enhancing renewable energy is crucial for building a sustainable future, bringing new economic, environmental, and social opportunities for the country and future generations.
Decree 80 recently issued by the Government allows the implementation of direct power purchase (DPPA mechanism), not only unlocking renewable energy resources, attracting investment but also helping transition to green production.
In the battle against climate change, carbon credits serve as a tool to mitigate emissions and create a balance between pollution and environmental protection. The issuance and trading of carbon credits are crucial processes.
Vietnam expects to add 9,600 MW of power from biomass by 2030, but that will need added incentives.
