Solar power costs remain high in Vietnam

Last update 08:10 | 07/04/2017
VietNamNet Bridge – Vietnam’s renewable energy production costs remain higher than other countries as the country still does not have a competitive solar energy market. vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, solar panel, national grid, EVN

Many people in the country have saved money by using solar energy.

A solar energy system with capacity of 1 KW was installed on the terrace of Redsun’s building in district 5, HCMC in 2010. Since then, the system has been operating well, allowing activities at the buildings to run properly even when the electricity from the national grid is cut. The company doesn’t have to run electricity generators which produce noise and dust.

Hiep, of district 6, HCMC installed a 1 KW solar power system on the roof, worth VND80 million. The electricity provided by the system, about 4-5 KW, is used to light four 40W fluorescent lamps, run four electric fans and one TV.

Vietnam’s renewable energy production costs remain higher than other countries as the country still does not have a competitive solar energy market. 

With the 2 KW solar power system, VH in Ham Tan district of Binh Thuan province can save two-thirds of expenses on electricity.

The outstanding feature of the system is that it allows him to automatically use the electricity from the national grid when the system cannot provide enough electricity.

If the system provides more than enough electricity, the redundant capacity will be automatically transferred to the national grid.

However, the problem is that he has to pay for electricity from the national grid he uses, but does not receive money from Electricity of Vietnam (EVN) if his system provides electricity to the national grid.

H said if EVN applies a flexible exchange, he would be willing to install a system with double or triple the capacity. And if other people also install such systems, this will help settle the electricity shortage and ease pollution.

Businesses and households which want to install private solar electricity systems still have to wait for the Ministry of Industry and Trade’s guidance on electricity pricing. Therefore, they now can only use solar power under the ‘self-sufficient’ mode by installing solar panels on the roofs.

Scientists say that Vietnam has great potential in developing solar energy. According to the Energy Institute, there are about 2,500 sunny hours a year, while the average annual radiation volume is 230-250 kcal/cm2.

Meanwhile, according to the Ministry of Science & Technology, the Sun ‘sends’ 3-4.5 kwh/m2 of electricity to Vietnam every hour in winter and 4.5-6.5 kwh/m2 in summer.

Experts estimated that in HCMC, solar panels can be installed on at least 300,000 roofs. If two panels are installed on each roof, with the capacity of 260W (enough for lighting, TV and fans), the city will have 78 MW in solar power capacity, which is equal to the Can Don Hydropower Plant in Binh Phuoc Province which can generate 105 million KWh a year.

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Thanh Lich

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This entry was posted in Năng lượng - Energy, Năng lượng mặt trời - Solar energy and tagged , by Trần Đình Hoành. Bookmark the permalink.

About Trần Đình Hoành

I am an attorney in the Washington DC area, with a Doctor of Law in the US, attended the master program at the National School of Administration of Việt Nam, and graduated from Sài Gòn University Law School. I aso studied philosophy at the School of Letters in Sài Gòn. I have worked as an anti-trust attorney for Federal Trade Commission and a litigator for a fortune-100 telecom company in Washington DC. I have taught law courses for legal professionals in Việt Nam and still counsel VN government agencies on legal matters. I have founded and managed businesses for me and my family, both law and non-law. I have published many articles on national newspapers and radio stations in Việt Nam. In 1989 I was one of the founding members of US-VN Trade Council, working to re-establish US-VN relationship. Since the early 90's, I have established and managed VNFORUM and VNBIZ forum on VN-related matters; these forums are the subject of a PhD thesis by Dr. Caroline Valverde at UC-Berkeley and her book Transnationalizing Viet Nam. I translate poetry and my translation of "A Request at Đồng Lộc Cemetery" is now engraved on a stone memorial at Đồng Lộc National Shrine in VN. I study and teach the Bible and Buddhism. In 2009 I founded and still manage dotchuoinon.com on positive thinking and two other blogs on Buddhism. In 2015 a group of friends and I founded website CVD - Conversations on Vietnam Development (cvdvn.net). I study the art of leadership with many friends who are religious, business and government leaders from many countries. In October 2011 Phu Nu Publishing House in Hanoi published my book "Positive Thinking to Change Your Life", in Vietnamese (TƯ DUY TÍCH CỰC Thay Đổi Cuộc Sống). In December 2013 Phu Nu Publishing House published my book "10 Core Values for Success". I practice Jiu Jitsu and Tai Chi for health, and play guitar as a hobby, usually accompanying my wife Trần Lê Túy Phượng, aka singer Linh Phượng.

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