Selling rooftop solar power to organizations or individuals outside of EVN will be considered a legal violation
- 4
- Business
- 10:54 18/10/2024
DNHN - The new draft by the Ministry of Industry and Trade stipulates that Vietnam Electricity (EVN) is the sole purchaser of self-produced and self-consumed rooftop solar power.
The Ministry of Industry and Trade has submitted a draft decree to the Government on policies to encourage the development of self-produced, self-consumed rooftop solar power after gathering feedback from Government members.
In the document sent to the Government, the Ministry of Industry and Trade strongly supports the development of self-produced, self-consumed solar power systems. These systems will be installed on the rooftops of legally constructed buildings, including residential homes, offices, industrial parks, industrial clusters, export processing zones, high-tech parks, economic zones, and business and production facilities. This is to ensure consistency with existing laws on construction and energy.
A notable point in the draft is the provision that Vietnam Electricity (EVN) will be the only entity allowed to purchase electricity from these rooftop solar systems. Accordingly, any action involving the sale of electricity to organizations or individuals outside of EVN will be considered a legal violation. This reflects the Ministry of Industry and Trade's determination to strictly manage and ensure transparency in the solar power market.
The draft also clearly defines two forms of solar power development: systems connected to the national grid and systems not connected to the grid. For systems not connected to the national grid, organizations and individuals only need to inform and submit design documents to management agencies such as the Department of Industry and Trade, fire prevention agencies, and local electricity authorities for monitoring, without needing prior registration.
Meanwhile, systems connected to the national grid will have to comply with registration regulations. Organizations and individuals have the right to choose whether or not to feed surplus electricity into the national grid. For systems with a capacity of 100kW or more, parties must reach an agreement with the electricity buyer on the equipment and connection methods to ensure the safety of the national power system.
Another noteworthy policy is that households and individual residences are encouraged to develop rooftop solar power systems with a capacity of less than 100kW without any capacity restrictions nationwide. Organizations and individuals installing systems with a capacity of less than 1,000kW are also not required to register with the Department of Industry and Trade but only need to notify relevant parties for monitoring.
For off-grid systems, the Ministry of Industry and Trade prioritizes development without capacity limits and exempts them from electricity operation licenses. For grid-connected systems, projects will be prioritized for exemption from procedures related to land-use adjustments and functionality in accordance with legal regulations.
Particularly, for systems with a capacity of 1MW or more, if the organization chooses to sell electricity, they must complete the procedures to obtain an electricity operation license. Meanwhile, systems with a capacity of less than 100kW can sell surplus electricity to the national grid, but no more than 20% of the actual installed capacity. The price for surplus electricity will be calculated based on the average market electricity price of the previous year, as announced by the system and electricity market operator.
An Thao
Related news
#Vietnam
Vietnam joins efforts to reduce global ocean plastic waste
Vietnam has signed a legally binding pact to join the accelerated global effort to combat ocean plastic trash.
Investor awareness of asset management is still limited
Mr. Trinh Ha - market strategy expert, believes that currently, investor awareness of asset management or asset accumulation is still limited. Therefore, it is necessary to organize more programs and training courses for investors.
Ba Ria - Vung Tau: Workshop on "Experience in implementing social housing projects..."
On the evening of July 13th, the Provincial Architects Association of Ba Ria - Vung Tau held a workshop on "Experience in implementing social housing projects by Ong & Ong Group in Singapore and Malaysia, lessons learned for Vietnam".
Removing obstacles in mechanisms, policies and administrative procedures for enterprises in the culture, sports, and tourism sector
Recently, the Ministry of Culture, Sports, and Tourism organized a consultation conference on regulations regarding administrative procedures and business activities in the culture, sports, and tourism sectors for 2024 in Nha Trang city, Khanh Hoa.
New proposal on petroleum business: Enterprises can have the freedom to set retail prices
In a recent draft, the Ministry of Industry and Trade maintains the viewpoint that enterprises should calculate petroleum prices based on state-published factors.
Đọc thêm Business
Vietnam aims for GDP of $780-800 billion by 2030
The long-term goal set by the Prime Minister is that by 2030, Vietnam will become a modern industrialized nation, with its GDP reaching approximately $780-800 billion.
Phu Quoc tourism booms at the end of the year with the new air routes
Phu Quoc is forecast to experience a "booming" end-of-year tourist season with the launch of many new international flights to meet the increasing demand from tourists worldwide who wish to experience and explore Vietnam's Pearl Island.
Central Institute for Economic Management: Special consumption tax on sugary drinks should not be imposed yet
CIEM proposes not to impose a special consumption tax on sugary drinks at this time and recommends focusing on business support policies.
How does FDI investment affect the real estate market?
FDI investment has a profound impact on Vietnam's real estate market, especially during the first 9 months of 2024.
Long An province forges strategic ties with Korean Corporations, strengthens role in international economic relations
During a recent investment promotion mission to South Korea, a delegation from Long An Province, held important meetings with major Korean corporations such as STS Group, CS Wind, and GS Energy.
Green Power – Bringing a Green Mark to the Community
Renewable energy and semiconductors are the current and future trends. Vietnam and Global Power JSC (Green Power) is on a journey to conquer the market.
Real estate credit recovers slower than expected
Real estate credit is recovering slowly but is expected to grow rapidly thanks to low interest rates and more favorable supply. However, high house prices and low liquidity remain major challenges for buyers and investors.
Long An Province continues to Promote Korean Investment, Strengthen International Ties, and aim for a Green Economy and sustainable development
In the face of globalization and the growing demand for sustainable practices, Long An Province is proactively seeking foreign investment, particularly from South Korea, a key strategic partner for both Vietnam and Long An Province.
Challenges and opportunities in the final sprint of public investment disbursement
With just over 3 months left until the end of the 2024 fiscal year, the public investment disbursement rate has only reached 47.29%. The pressure is increasing, requiring ministries and sectors to concentrate their efforts in the coming period.
Long An is committed to accompanying and welcoming businesses "like family"
The province of Long An hopes that businesses investing in Long An will feel like they are returning to their home, collaborating together for long-term and sustainable development.