The Government Office has just issued Document No. 165/TB-VPCP announcing the conclusion of Deputy Prime Minister Tran Hong Ha on developing and promulgating a mechanism to encourage the development of rooftop solar power installed in private homes, offices, and industrial parks.

One of the notable points is that the Deputy Prime Minister assigned the Ministry of Industry and Trade to clearly define the authority, responsibility, order and procedures for granting "green credits" to factories using clean energy sources, complete and report to the Deputy Prime Minister before April 25, 2024.

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Factories using clean energy will be granted "green credits". Photo: Hoang Ha

The document also notes: It is necessary to develop mechanisms and policies to encourage the development of rooftop solar power for the purpose of self-production and self-consumption in order to gradually replace fossil energy sources. This is an urgent task and an important solution to mobilize social resources to invest in clean, environmentally friendly energy sources, contributing to ensuring national energy security in accordance with the Government's policy on green growth and is an inevitable development path for Vietnam to realize the goal of reducing greenhouse gas emissions to Net Zero by 2050.

The Deputy Prime Minister assigned the Ministry of Industry and Trade to preside over and coordinate with the Ministry of Justice and relevant agencies to submit to the Prime Minister a program and dossier for drafting a Decree regulating mechanisms and policies to encourage the development of rooftop solar power installed in private homes, offices, industrial parks, etc., with the following contents in mind:

Regarding the scope and subjects of application of the Decree on the mechanism to encourage self-produced and self-consumed rooftop solar power, the Deputy Prime Minister clearly stated that it is the rooftops of private houses, public offices, office buildings, industrial parks/industrial clusters... in the form of self-produced and self-consumed power connected to the national grid or operating independently without connection to the national grid, with or without storage batteries...

The document affirms: The Vietnamese State prioritizes the development of renewable energy sources (self-produced and self-consumed rooftop solar, offshore wind power, biomass power, waste-to-energy) if they meet the requirements of technology, system safety, and suitable prices, then there is no limit on the scale of development. Power Plan VIII is an open plan, so if necessary, it is possible to mobilize additional renewable energy sources to replace other power sources to ensure that there is no power shortage in any case.

The Deputy Prime Minister assigned the Ministry of Industry and Trade to preside over and coordinate with EVN and relevant agencies to promptly implement the two-component electricity price so that electricity customers can raise their awareness in using electricity economically and effectively, contributing to balancing the load chart of the power system, and at the same time helping investment in power sources and power grids achieve better efficiency.
Excess rooftop solar power: Powered to the grid at 0 VND, no payment Rooftop solar power can only be used by oneself, not sold to other individuals or organizations. If not used up, power output is only recorded at 0 VND and not paid.