Vietnam set to trial Direct Corporate Power Purchase Agreement

By Oliver Massmann*    August 9, 2018 | 10:14 am GMT+7

Vietnam set to trial Direct Corporate Power Purchase Agreement

Workers check solar panels of a project in Vietnam. Photo by VnExpress/Annie Le

Vietnam’s plan to pilot a direct power purchase agreement for renewable energy in 2019 has drawn keen interest from investors.

On June 12 this year, at a seminar on renewable energy, the Electricity Regulatory Authority of Vietnam (ERAV) discussed and disclosed information about such a pilot DPPA.

Generally, a DPPA is an agreement between a power generator and a corporate customer in which power is physically delivered and sold to the customer for its operation.

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Top 5 Developments Enabling Shift to 100 Percent Renewable Energy

Renewableenergyworld – A growing number of companies, cities, states and countries are aiming for, and achieving, a goal of obtaining power from 50 percent, 75 percent or even 100 percent renewable energy, thanks, in part, to a set of major developments that are enabling the resource shift, according to a new report from Clean Edge.

Commissioned by SolarCity, the report Getting to 100 discusses what is driving the transition to increasing levels of renewable energy consumption and identifies the successes and challenges of both governments and companies in targeting, and/or achieving, 100 percent renewable energy goals.

According to the report, these five developments are supporting the trend toward higher penetrations of renewable energy:

  • A resilient grid
  • A rise in net zero buildings and smart connected devices
  • Energy storage availability and affordability
  • Proliferation of utility-scale renewables
  • Cost-effective status of distributed solar across geographies

Distributed Solar Becomes Cost-Effective Across Geographies

The proliferation of ever-cheaper distributed solar generation – residential, commercial and community – is a key driver toward the 100 percent renewable energy goal, according to the report.

“The cost curves are undeniable,” the report said. “The plummeting prices of solar panels have been well-documented, but the industry has recently been attacking balance-of-system costs and so-called soft costs (such as marketing, customer acquisition, permitting, and installation) as well.” Tiếp tục đọc “Top 5 Developments Enabling Shift to 100 Percent Renewable Energy”