Current Situations and Solutions for Renewable Energy Development in Vietnam
Huy-Bich Nguyen, Nguyễn Anh Tuấn
Abstract
Huy-Bich Nguyen, Nguyễn Anh Tuấn
Abstract
The development potential for renewable energy in Vietnam is very huge and divergence. Unfortunately, at present, this energy source has been used for commercial electricity production is very low in which it takes within 1% in total energy used. The target for next years is commercial electricity generated by renewable energy try to take 5% and 11% in 2020 and 2050, respectively. This paper reviews the current situation of renewable used in Viet Nam and analyzes some important issues related to the national policies development for renewable energy such as legal framework, financial supports, and renewable energy consumption prices and so on. These policies shall help to promote investment in renewable energy; to increase the structure used renewable energy, and to develop renewable energy in Vietnam. Keywords: Renewable energy, energy policy, sustainable development in Vietnam
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The development potential for renewable energy in Vietnam is very huge and divergence. Unfortunately, at present, this energy source has been used for commercial electricity production is very low in which it takes within 1% in total energy used. The target for next years is commercial electricity generated by renewable energy try to take 5% and 11% in 2020 and 2050, respectively. This paper reviews the current situation of renewable used in Viet Nam and analyzes some important issues related to the national policies development for renewable energy such as legal framework, financial supports, and renewable energy consumption prices and so on. These policies shall help to promote investment in renewable energy; to increase the structure used renewable energy, and to develop renewable energy in Vietnam. Keywords: Renewable energy, energy policy, sustainable development in Vietnam
Key concepts: Renewable energy, Renewable energy credit, Feed-in tariff, Energy subsidies, Natural resource economics, Energy development, Intermittent energy source, Energy policy