On the morning of August 13, Deputy Prime Minister Tran Hong Ha chaired a meeting to review and provide feedback on the draft decree on rooftop solar power for self-consumption.
Deputy Prime Minister Tran Hong Ha. Photo: VGP
After incorporating feedback from ministries, industries, businesses, and experts, the Ministry of Industry and Trade has adjusted and supplemented the incentive policies as follows: Organizations and individuals installing rooftop solar power for self-consumption without connecting to the national grid will be given priority for unlimited capacity development and will be exempt from power activity licenses.
Regarding the option to sell excess electricity to the national grid, the Ministry of Industry and Trade proposed a ratio of 20% of the actual installed capacity in the North and 10% in other regions.
Reporting to the Deputy Prime Minister, Mr. Nguyen Anh Tuan, CEO of Vietnam Electricity (EVN), stated that the entire Northern region currently has about 700 MW of rooftop solar power, while the system’s capacity can accommodate about 7,000 MW.
Mr. Do Van Nam, Member of the Members’ Council of the Northern Power Corporation, said that with the regulations in the draft decree, people will save on electricity costs during peak hours.
Along with the price of selling excess electricity to the grid, the representative of the Northern Power Corporation calculated that after about 5-6 years, households could recoup their investment, while the lifespan of a solar panel is currently about 12-15 years.
“There is still room for developing rooftop solar power in the North, so there must be policies to encourage efficient investment and development,” emphasized the Deputy Prime Minister.
Accordingly, the Deputy Prime Minister requested that the Ministry of Industry and Trade review the demand for load, transmission capacity, and system safety as a basis for adjusting planning, implementation plans, and opening up opportunities for rooftop solar power for self-consumption, especially in the North.
In addition, the Deputy Prime Minister proposed that the Ministry of Industry and Trade study and agree on a ratio of 20% of the actual installed capacity for selling excess electricity from rooftop solar power for self-consumption to the national grid.
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