THE THREAT OF RENEWABLE ENERGY

Renewable energy development is a major policy of the Party and State, which has been concretized in the Politburo's Resolution 55 to the Prime Minister's decisions approving the Renewable Energy Development Strategy and other mechanisms. encourage the development of renewable energy projects. Renewable energy development goals in Vietnam's Renewable Energy Development Strategy for the period to 2030 with a vision to 2050, approved by the Prime Minister in Decision No. 2068/QDTTg dated November 25th. In 2015, the share of electricity produced from renewable energy (including large and small hydroelectricity) in the total electricity production of the country should reach 32% by 2030 and 43% by 2050.

Here are the difficulties and obstacles for renewable energy development in recent times:

Electricity prices from renewable energy sources are currently higher than those from traditional energy sources (thermal power, large hydroelectricity...). Electricity of Vietnam (EVN) is being assigned by the state to purchase all electricity output from renewable energy power projects at a price set by the state. Thus, EVN is performing the function on behalf of the state, the cost of compensating the price for renewable energy is being combined with the cost of the electricity industry, not yet clearly separated in the electricity bill. When the proportion of RE increases, the price compensating component will increase and greatly affect the cost of electricity industry.

The renewable energy market needs clear policies and legal procedures to increase investor interest. The support mechanisms in the past time have not given a long-term orientation: From the beginning of 2021 until now, solar power projects are not allowed to apply the FIT tariff, while the bidding mechanism has not been issued. Similarly, wind power projects after November 1, 2021 also do not have an application mechanism.

Lack of standards and regulations for renewable energy projects: Standards and certificates are needed to ensure that equipment manufactured or procured from abroad is in compliance with current standards. The promulgation of standards is necessary to ensure that the businesses operating the plants are in compliance with applicable laws. The lack of necessary standards also causes confusion and renewable energy producers face unnecessary difficulties.

Discussing the renewable energy development strategy in Vietnam, Mr. Nguyen Ninh Hai, Department of Electricity and Renewable Energy, Ministry of Industry and Trade said, Vietnam's renewable energy development strategy to 2030, vision Looking to 2050, promulgated by the Prime Minister in Decision 2068/QD-TTg has identified, encouraged the mobilization of all resources to promote the development and use of renewable energy sources, in order to reduce dependence on fossil energy sources.

Bibliography:

1. http://vioit.org.vn/vn/chien-luoc-chinh-sach/phat-trien-nang-luong-tai-tao-viet-nam--kho-khan--vuong-mac-can-thao-go-4442.4050.html

2. https://moit.gov.vn/tin-tuc/phat-trien-nang-luong/co-che-thu-hut-dau-tu-phat-trien-ben-vung-nang-luong-tai-tao-tai-viet-nam.html