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, and to complete and report to the Deputy Prime Minister before April 25, 2024.

solar power house 11.jpg
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 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., in which the following contents should be noted:

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-production and self-consumption 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 it meets the requirements of technology, system safety, and suitable prices, then there is no limit to 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 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 to make investment in power sources and power grids more effective.
Surplus rooftop solar power: Supplied to the grid at 0 VND, no payment will be made . Rooftop solar power can only be used by oneself, not sold to other individuals or organizations. If not fully used, the output of electricity sent to the grid will only be recorded at 0 VND and will not be paid.