Vietnam Solar Competitive Bidding Strategy and Framework

doi:10.1596/33255

Publication:
Vietnam Solar Competitive Bidding Strategy and Framework

dc.contributor.author	World Bank
dc.date.accessioned	2020-01-29T18:31:11Z
dc.date.available	2020-01-29T18:31:11Z
dc.date.issued	2020-01
dc.description.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.	en
dc.identifier	http://documents.worldbank.org/curated/en/949491579274083006/Vietnam-Solar-Competitive-Bidding-Strategy-and-Framework
dc.identifier.doi	10.1596/33255
dc.identifier.uri	https://hdl.handle.net/10986/33255
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	COMPETITIVE BIDDING
dc.subject	SOLAR POWER
dc.subject	ELECTRICITY PRICING
dc.subject	INVESTMENT LAW
dc.subject	PROCUREMENT
dc.subject	PUBLIC-PRIVATE PARTNERSHIP
dc.subject	RENEWABLE ENERGY
dc.subject	SOLAR PARK
dc.title	Vietnam Solar Competitive Bidding Strategy and Framework	en
dc.type	Report	en
dc.type	Rapport	fr
dc.type	Informe	es
dspace.entity.type	Publication
okr.crossref.title	Vietnam Solar Competitive Bidding Strategy and Framework
okr.date.disclosure	2020-01-17
okr.doctype	Economic & Sector Work
okr.doctype	Economic & Sector Work::Energy Study
okr.docurl	http://documents.worldbank.org/curated/en/949491579274083006/Vietnam-Solar-Competitive-Bidding-Strategy-and-Framework
okr.guid	949491579274083006
okr.guid	553601579274178425
okr.identifier.doi	10.1596/33255
okr.identifier.externaldocumentum	090224b0874ff9ca_1_0
okr.identifier.internaldocumentum	31707316
okr.identifier.report	145251
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/949491579274083006/pdf/Vietnam-Solar-Competitive-Bidding-Strategy-and-Framework.pdf	en
okr.region.administrative	East Asia and Pacific
okr.region.country	Viet Nam
okr.topic	Public Sector Development::Regulatory Regimes
okr.topic	Energy::Electric Power
okr.topic	Energy::Energy Policies & Economics
okr.topic	Energy::Energy Sector Regulation
okr.topic	Energy::Renewable Energy
okr.topic	Energy::Solar Energy
okr.unit	Infra EAP Energy 1 (IEAE1)