Publication: Vietnam Solar Competitive Bidding Strategy and Framework
Loading...
Date
2020-01
ISSN
Published
2020-01
Author(s)
Editor(s)
Abstract
Solar power generation is an increasingly attractive option for Vietnam thanks to recent cost reductions, fast construction timelines, and the contribution solar power can make to ensuring energy security and environmental sustainability. Aiming to scale up solar generation in a sustainable and affordable manner, the Government of Vietnam plans to shift from the feed-in-tariff (FIT) to a competitive bidding mechanism. With the support of the World Bank, the Government of Vietnam is designing the program based on the present strategy developed with input from several ministries, the private sector, and development partners. The strategy presents recommendations to the Government of Vietnam aiming to provide a clear path to develop a sustainable solar program. As part of a carefully designed strategy, decisions must be made in the following areas: (i) the roles and responsibilities of the various public and private parties, (ii) whether changes need to be made to the existing laws and regulations, (iii) the types of deployment schemes that are best suited to Vietnam’s circumstances, and (iv) what risks the Government of Vietnam will internalize and what mitigation instruments it might offer IPPs. The clarification of these points prior to the selection of an IPP will help speed up the IPP selection process, reduce the chances of procurement failure, and provide a long-term vision for deploying solar projects. From the independent power Producers’ (IPPs) perspective, a clear government strategy reduces perceived risks related to a weak or inadequate legal framework, unclear selection process, or other development concerns.
Link to Data Set
Citation
“World Bank. 2020. Vietnam Solar Competitive Bidding Strategy and Framework. © World Bank. http://hdl.handle.net/10986/33255 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Paving the Way for a Transformational Future : Lessons from Jawaharlal Nehru National Solar Mission Phase I(Washington, DC, 2013)Renewable energy, especially solar power, has been garnering a lot of interest from governments, international development organizations, civil society, and the private sector for the last few years. There has been a huge surge in the popularity of this important energy source from various stakeholders in India as well. On the other hand, solar power presents a formidable option for addressing pertinent issues being faced in international geopolitical and national macroeconomic arenas for the Government of India (GoI). Though the World Bank, India considers all market segments of solar power to be important; this report specifically looks at the utility-scale grid-connected segment of solar power in India. As one of the eight missions under India's National Action Plan for Climate Change (NAPCC), the Jawaharlal Nehru National Solar Mission (JNNSM) was launched in January 2010 with the aim of accelerating India's march toward grid parity in solar power. JNNSM envisages the achievement of grid parity through long-term and predictable policy, large-scale deployment, aggressive research and development (R and D), and domestic production of critical materials, components, and products along the value chain. Phase one (2010-13) of JNNSM, still under implementation, experienced enthusiastic participation from Indian and international investors in the grid-connected segment with substantial discounts to the benchmark tariffs determined by the Central Electricity Regulatory Commission (CERC) for 500 megawatt (MW) each of solar thermal and solar photovoltaic (PV) projects. Another unique feature of JNNSM phase one has been the adoption of a reverse auction method for awarding projects to qualified bidders. The GoI took several proactive steps in phase one of the mission, such as offering a bundling of solar power with unallocated coal-based power through the National Thermal Power Corporation (NTPC) Vidyut Vyapar Nigam (NVVN), implementing a renewable purchase obligation (RPO) for solar power, instituting a payment security scheme (PSS), and undertaking certain measures for promoting local manufacturing, which all combined to ensure the success of phase one.Publication Development of Local Supply Chain : The Missing Link for Concentrated Solar Power Projects in India(Washington, DC, 2013-02-01)Amid the success of Solar Photovoltaic (PV) projects in India, Concentrated Solar Power (CSP) technology also provides a compelling case for support by the government as among solar technologies; CSP is the only techno-economically viable option at present that provides a storage option for dispatchable and dependable solar energy. Furthermore, the conversion of solar to steam is a relatively high-efficiency process versus the conversion efficiency of PV. This process can effectively supplement fossil fuels and renewable fuel, such as biomass, and thus contribute to the overall energy security of the country. The specific objective of the study is to assess the potential of India's industries to set up a manufacturing base to produce CSP technology components and equipment. The study assesses competitive positioning and the potential of Indian companies in the manufacturing of important CSP components. Various analysis models were prepared for the analysis, and the details have been explained in the elaborated version of the report. The report also proposes an action plan to help develop this potential and evaluate the resulting economic benefits. This report includes the following activities: i) assessment of the competitive position of local industries to support the development of CSP technologies in India; ii) evaluation of short, medium, and long-term economic benefits of creation of a local manufacturing base; and iii) action plan to stimulate local manufacturing of CSP technology components and equipment. This document is a summary of the larger report. The data analysis and messages presented in the report are based on very limited information presently available in the Indian market. Therefore, it is recommended that the trends and ideas to be given more attention than the data itself.Publication Rooftop Solar in Maldives(World Bank, Washington, DC, 2016-03)This guidance note talks about Rooftop solar in Maldives. The Maldives Ministry of Environment and Energy, with support from the World Bank and from the Scaling Up Renewable Energy Program (SREP), a funding window of the Climate Investment Fund,has designed a program centered on solar photovoltaic (PV) rooftop installations to take advantage of the Maldive's high insolation while also coping with the scarcity of land. Expensive diesel-fired generators operated by two state-owned utilities keep the lights on in Maldives, an archipelago of 200 inhabited islands spread over 900 kilometers of the Indian Ocean. But with the advent of affordable solar technology, the islands’ abundant sunshine can be harnessed for clean generation through private rooftop solar systems. With World Bank support, an innovative guarantee structure has been designed to attract private developers. The Asia Sustainable and Alternative Energy Program at the World Bank supported the development of the ASPIRE concept. ASPIRE’s goal is to scale up solar PV generation from the present level of 1.5 megawatts (MW) to between 20 and 40 MW over the next five years by creating a bankable project structure attractive to the private sector. To make the contracts bankable, the government, its advisors, and the World Bank worked to ensure a fair and attractive allocation of risk. Finally, part of the SREP grant will be used to buy down the tariff in remote islands, where more extensive PV penetration will likely require additional storage capacity.Publication Regulatory and Financial Incentives for Scaling Up Concentrating Solar Power in Developing Countries(World Bank, Washington, DC, 2011-06)Concentrating solar thermal (CST) technologies have a clear potential for scaling up renewable energy at the utility level, thereby diversifying the generation portfolio mix, powering development, and mitigating climate change. A recent surge in demand for solar thermal power generation projects in several World Bank Group (WBG) partner countries shows that CST could indeed become an important renewable energy technology that would be able to provide an alternative to conventional thermal power generation based on the central utility model. At present, different CST technologies have reached varying degrees of commercial availability. This emerging nature of CST means that there are market and technical impediments to accelerating its acceptance, including cost competitiveness, an understanding of technology capability and limitations, intermittency, and benefits of electricity storage. Many developed and some developing countries are currently working to address these barriers in order to scale up CST-based power generation. Given the considerable growth of CST development in several WBG partner countries, there is a need to assess the recent experience of developed countries in designing and implementing regulatory frameworks and draw lesson that could facilitate the deployment of CST technologies in developing countries. Merely replicating developed countries' schemes in the context of a developing country may not generate the desired outcomes.Publication Concentrating Solar Power in Developing Countries : Regulatory and Financial Incentives for Scaling Up(Washington, DC: World Bank, 2012-06-28)Concentrating Solar Thermal power (CST) has a tremendous potential for scaling up renewable energy at the utility level, diversifying the generation portfolio mix, powering development, and mitigating climate change. At present, different CST technologies have reached varying degrees of commercial availability. This emerging nature of CST means that there are market and technical impediments to accelerating its acceptance, including cost competitiveness, an understanding of technology capability and limitations, intermittency, and benefits of electricity storage. Many developed and some developing countries are currently working to address these barriers in order to scale up CST-based power generation. This report: a) analyzes and draws lessons from the efforts of some developed countries and adapts them to the characteristics of developing economies; b) assesses the cost reduction potential and economic and financial affordability of various technologies in emerging markets; c) evaluates the potential for cost reduction and associated economic benefits derived from local manufacturing; and d) suggests ways to tailor bidding models and practices, bid selection criteria, and structures for power purchase agreements (PPAs) for CST projects in developing market conditions. The report also presents a review of typical cost structures for parabolic trough and power tower plants, which was derived from projects developed or under preparation in Spain and the United States specifically for this report, and an in-depth assessment of the respective cost drivers.
Users also downloaded
Showing related downloaded files
Publication World Development Report 2006(Washington, DC, 2005)This year’s Word Development Report (WDR), the twenty-eighth, looks at the role of equity in the development process. It defines equity in terms of two basic principles. The first is equal opportunities: that a person’s chances in life should be determined by his or her talents and efforts, rather than by pre-determined circumstances such as race, gender, social or family background. The second principle is the avoidance of extreme deprivation in outcomes, particularly in health, education and consumption levels. This principle thus includes the objective of poverty reduction. The report’s main message is that, in the long run, the pursuit of equity and the pursuit of economic prosperity are complementary. In addition to detailed chapters exploring these and related issues, the Report contains selected data from the World Development Indicators 2005‹an appendix of economic and social data for over 200 countries. This Report offers practical insights for policymakers, executives, scholars, and all those with an interest in economic development.Publication The Government Analytics Handbook(Washington, DC: World Bank, 2023-09-28)The Government Analytics Handbook presents frontier evidence and practitioner insights on how to leverage data to strengthen public administration. Covering a range of microdata sources—such as administrative data and public servant surveys—as well as tools and resources for undertaking the analytics, it transforms the ability of governments to take a data-informed approach to diagnose and improve how public organizations work. The "Handbook" is a must-have for practitioners, policy makers, academics, and government agencies. It is available as a single volume in print or digital formats, and as chapters for modular use. Additional tools, data and background information are available at worldbank.org/governmentanalytics. “Governments have long been assessed using aggregate governance indicators, giving us little insight into their diversity and how they can practically be improved. This pioneering handbook shows how microdata can be used to give scholars and practitioners granular and real insights into how states work, and practical guidance on the process of state-building.” —Francis Fukuyama, Stanford University, author of State-Building: Governance and World Order in the 21st Century - "The Government Analytics Handbook is the most comprehensive work on practically building government administration I have ever seen, helping practitioners to change public administration for the better.” —Francisco Gaetani, Special Secretary for State Transformation, Government of Brazil - “The machinery of the state is central to a country’s prosperity. This handbook provides insights and methodological tools for creating a better shared understanding of the realities of a state, to support the redesign of institutions, and improve the quality of public administration.” —James Robinson, University of Chicago, coauthor of Why Nations FailPublication Digital Progress and Trends Report 2023(Washington, DC: World Bank, 2024-03-05)Digitalization is the transformational opportunity of our time. The digital sector has become a powerhouse of innovation, economic growth, and job creation. Value added in the IT services sector grew at 8 percent annually during 2000–22, nearly twice as fast as the global economy. Employment growth in IT services reached 7 percent annually, six times higher than total employment growth. The diffusion and adoption of digital technologies are just as critical as their invention. Digital uptake has accelerated since the COVID-19 pandemic, with 1.5 billion new internet users added from 2018 to 2022. The share of firms investing in digital solutions around the world has more than doubled from 2020 to 2022. Low-income countries, vulnerable populations, and small firms, however, have been falling behind, while transformative digital innovations such as artificial intelligence (AI) have been accelerating in higher-income countries. Although more than 90 percent of the population in high-income countries was online in 2022, only one in four people in low-income countries used the internet, and the speed of their connection was typically only a small fraction of that in wealthier countries. As businesses in technologically advanced countries integrate generative AI into their products and services, less than half of the businesses in many low- and middle-income countries have an internet connection. The growing digital divide is exacerbating the poverty and productivity gaps between richer and poorer economies. The Digital Progress and Trends Report series will track global digitalization progress and highlight policy trends, debates, and implications for low- and middle-income countries. The series adds to the global efforts to study the progress and trends of digitalization in two main ways: · By compiling, curating, and analyzing data from diverse sources to present a comprehensive picture of digitalization in low- and middle-income countries, including in-depth analyses on understudied topics. · By developing insights on policy opportunities, challenges, and debates and reflecting the perspectives of various stakeholders and the World Bank’s operational experiences. This report, the first in the series, aims to inform evidence-based policy making and motivate action among internal and external audiences and stakeholders. The report will bring global attention to high-performing countries that have valuable experience to share as well as to areas where efforts will need to be redoubled.Publication Classroom Assessment to Support Foundational Literacy(Washington, DC: World Bank, 2025-03-21)This document focuses primarily on how classroom assessment activities can measure students’ literacy skills as they progress along a learning trajectory towards reading fluently and with comprehension by the end of primary school grades. The document addresses considerations regarding the design and implementation of early grade reading classroom assessment, provides examples of assessment activities from a variety of countries and contexts, and discusses the importance of incorporating classroom assessment practices into teacher training and professional development opportunities for teachers. The structure of the document is as follows. The first section presents definitions and addresses basic questions on classroom assessment. Section 2 covers the intersection between assessment and early grade reading by discussing how learning assessment can measure early grade reading skills following the reading learning trajectory. Section 3 compares some of the most common early grade literacy assessment tools with respect to the early grade reading skills and developmental phases. Section 4 of the document addresses teacher training considerations in developing, scoring, and using early grade reading assessment. Additional issues in assessing reading skills in the classroom and using assessment results to improve teaching and learning are reviewed in section 5. Throughout the document, country cases are presented to demonstrate how assessment activities can be implemented in the classroom in different contexts.Publication Argentina Country Climate and Development Report(World Bank, Washington, DC, 2022-11)The Argentina Country Climate and Development Report (CCDR) explores opportunities and identifies trade-offs for aligning Argentina’s growth and poverty reduction policies with its commitments on, and its ability to withstand, climate change. It assesses how the country can: reduce its vulnerability to climate shocks through targeted public and private investments and adequation of social protection. The report also shows how Argentina can seize the benefits of a global decarbonization path to sustain a more robust economic growth through further development of Argentina’s potential for renewable energy, energy efficiency actions, the lithium value chain, as well as climate-smart agriculture (and land use) options. Given Argentina’s context, this CCDR focuses on win-win policies and investments, which have large co-benefits or can contribute to raising the country’s growth while helping to adapt the economy, also considering how human capital actions can accompany a just transition.