262 N. H. NGUYEN ET AL.
In order to reach the targets included in the REDS, the government of Vietnam included a number of incentive mechanisms such as
net metering, FITs (established separately from REDS), support for local
manufacturing of renewable energy technologies and equipment, power
purchase agreements with EVN, and the development of an renewable energy market. One of the key upcoming activities will be the
development of a RPS for Vietnam (see the subsequent discussion on
this).
National Master Power Development
Plan 2011–2020, 2030 Revised (PDP7r)
The National Master Power Development Plan 2011–2020, 2030 was
revised (PDP7r) as per Decision 428/QÐ-TTg in 2016. The main objectives of the PDP7s are to define high-level strategies for national power
development in four main areas: (i) the development of power sources;
(ii) the development of the power transmission grid; (iii) interconnection of Vietnam’s power networks with neighboring countries; and (iv)
electricity supply to rural, mountainous, and island areas.
• Among the specific targets of PDP7r is developing renewable energy
sources (including storage, medium, and large hydropower) for electricity production, increasing the percentage of electricity produced
from these energy sources from 7% in 2020 to 10% in 2030;
• Increasing the total capacity of hydroelectric power from
17,000 MW in 2015 to 21,600 MW by 2020, 24,600 MW by
2025, and 27,800 MW by 2030, increases of 29.5, 20.5, and
15.5%, respectively;
• Increasing total wind power capacity from 140 MW in 2015 to
800 MW by 2020, 2000 MW by 2025, and 6000 MW by 2030,
amounts equivalent to 0.8, 1, and 2.1% of total electricity production, respectively;
• Developing biomass power, and power generation in sugar mills, and
cogeneration plants to provide 1% of electricity production by 2020,
1.2% by 2025, and 2.1% by 2030; and
• Accelerating the development of solar power in the forms of
mega solar and rooftop solar by increasing capacity of solar electricity generation to 850 MW by 2020, 4000 MW by 2025, and
In order to reach the targets included in the REDS, the government of Vietnam included a number of incentive mechanisms such as
net metering, FITs (established separately from REDS), support for local
manufacturing of renewable energy technologies and equipment, power
purchase agreements with EVN, and the development of an renewable energy market. One of the key upcoming activities will be the
development of a RPS for Vietnam (see the subsequent discussion on
this).
National Master Power Development
Plan 2011–2020, 2030 Revised (PDP7r)
The National Master Power Development Plan 2011–2020, 2030 was
revised (PDP7r) as per Decision 428/QÐ-TTg in 2016. The main objectives of the PDP7s are to define high-level strategies for national power
development in four main areas: (i) the development of power sources;
(ii) the development of the power transmission grid; (iii) interconnection of Vietnam’s power networks with neighboring countries; and (iv)
electricity supply to rural, mountainous, and island areas.
• Among the specific targets of PDP7r is developing renewable energy
sources (including storage, medium, and large hydropower) for electricity production, increasing the percentage of electricity produced
from these energy sources from 7% in 2020 to 10% in 2030;
• Increasing the total capacity of hydroelectric power from
17,000 MW in 2015 to 21,600 MW by 2020, 24,600 MW by
2025, and 27,800 MW by 2030, increases of 29.5, 20.5, and
15.5%, respectively;
• Increasing total wind power capacity from 140 MW in 2015 to
800 MW by 2020, 2000 MW by 2025, and 6000 MW by 2030,
amounts equivalent to 0.8, 1, and 2.1% of total electricity production, respectively;
• Developing biomass power, and power generation in sugar mills, and
cogeneration plants to provide 1% of electricity production by 2020,
1.2% by 2025, and 2.1% by 2030; and
• Accelerating the development of solar power in the forms of
mega solar and rooftop solar by increasing capacity of solar electricity generation to 850 MW by 2020, 4000 MW by 2025, and