Vietnam’s MoIT has proposed a tariff of VND 671/kWh for surplus solar power to be sold from rooftop PV installations under net metering, according to state-owned VGP News.
Under current regulations, state-owned Electricity Vietnam (EVN) monopolizes the transmission, distribution, wholesale, and retail of electricity. It will manage the net-metered surplus solar power.
The Vietnamese government has also said that excess PV electricity sold to the grid may not exceed 10% of the power generated by a rooftop PV installation. It has yet to establish a time frame for the introduction of the new tariff and the net-metering scheme.
Vietnam has installed more than 18.4 GW of PV capacity to date, primarily through an expired feed-in tariff scheme that supported both small-scale and utility-scale installations. However, the government has not introduced a new auction program since the expiration of the previous one. Instead, it has initiated a scheme to facilitate bilateral power purchase agreements (PPAs) and open up the electricity market.
