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Proposed offshore wind power price frame in Ba Ria-Vung Tau is 3,865.5 VND/Kwh

Vietnam Electricity Group (EVN) has just announced the preliminary calculation of the electricity generation price frame for offshore wind power projects in three key geographical areas, including the North, South Central and South.

Báo Bà Rịa - Vũng TàuBáo Bà Rịa - Vũng Tàu22/04/2025

Ba Ria-Vung Tau is assessed to have great potential to become the center of the offshore wind power industry in Vietnam. In the photo: Offshore wind power base construction site at PTSC port.
Ba Ria-Vung Tau is assessed to have great potential to become the center of the offshore wind power industry in Vietnam. In the photo: Offshore wind power base construction site at PTSC port.

Accordingly, the Southern region, represented by Ba Ria - Vung Tau, has a price of 3,868.5 VND/kWh; the Northern region, with potential locations in Quang Ninh, Hai Phong and Thai Binh, is estimated to have the highest electricity generation price of the three regions, at 3,975.1 VND/kWh; the South Central region is at a price of 3,078.9 VND/kWh.

EVN said that after the price framework is finalized and approved internally, the unit will submit a proposal to the Ministry of Industry and Trade to serve as a basis for issuing ceiling and floor prices for future offshore wind power projects. This is an important step to provide a basis for investors to plan their finances, access credit and negotiate power purchase agreements.

News and photos: QUANG VINH

Source: https://baobariavungtau.com.vn/kinh-te/202504/de-nghi-khung-gia-dien-gio-ngoai-khoi-tai-ba-ria-vung-tau-la-38655-dongkwh-1040549/


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