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September 24, 2019

EVN BOSS: KEEP THE PRICE OF 9.35 CENTS / KWH TILL THE END OF 2021 TO MAKE THE ROOFTOP SOLAR ‘BOOM’

EVN expects to reach 2,000 MW of rooftop solar power by the end of 2020, which will account for nearly half of the current solar PV capacity. 2021

Speaking at the Vietnam Energy Forum on August 21, Deputy General Director of Electricity of Vietnam (EVN) Vo Quang Lam said that in the past three months, rooftop solar PV has exploded with total grid capacity. up to 200 MW. Because of financial constraints, up to June 25, solar rooftop basically did not develop. After the Ministry of Industry and Trade abolished the regulation of output clearing, applied two-way mechanism, investors have the power from the grid and sold all the production to EVN, the rooftop solar power grew dramatically. the item.
Mr. Lam confirmed that the electricity industry supports to maintain the purchasing price of rooftop solar power at 9.35 cents / kWh by 2021 with the expectation that this mechanism will help “burst” rooftop solar power. EVN leaders informed that before June 30, the price of 9.35 cents / kWh was calculated for both rooftop solar power and installed at farms and factories. The Ministry of Industry and Trade is submitting to the Government to set the price for rooftop solar power with the expectation of keeping the current level until the end of 2021.

EVN expects the rooftop solar power capacity across the country will reach 500 MW by December 31 and reach 2,000 MW by 2021. Vietnam’s power source structure by the end of 2018 is 49,000 MW, rooftop solar power accounts for The ratio is quite small while according to EVN’s leadership, Vietnam still has great potential in this area.
Mr. Lam cited, for example, that Thailand only allowed 9 floating solar projects with 2,700 MW, not to install solar power stations on the ground but set a target of 10,000 MW of rooftop solar power. “This is a direction Vietnam can think in the future,” said EVN leader.
According to Mr. Lam, the cost of transmission, distribution accounts for 30% of the electricity cost structure. Therefore, rooftop solar PV production and use on site will reduce transmission costs, increase efficiency. Referring to the World Bank’s report, he pointed out the great potential for large electricity consuming areas: Ho Chi Minh City is estimated to be able to install rooftop solar power with a capacity of about 6,000 MW, in Da Nang is 1,000 MW.
Currently, coal power still accounts for the largest proportion in Vietnam’s electricity structure with 38%, hydropower at 34%, 2018. At that time, wind and solar power accounted for less than 1% in the system. national electricity. 2019 marks the explosion of wind power and solar power. However, by the end of June, the installed capacity of both these sources was 4,542 MW, accounting for 8.3% of the national electricity system. Solar farm is currently having difficulty concentrating mainly in 2 provinces of Ninh Thuan and Binh Thuan. Power grid overload takes place, many solar power projects have to cut capacity.

Tuoi Tre News