Report

Vietnam Solar Competitive Bidding Strategy and Framework

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collection.link.83
https://openknowledge.worldbank.org/handle/10986/2191
collection.name.83
Energy Study
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.date.lastModified
2021-05-25T09:32:06Z
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.uri
http://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
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.googlescholar.linkpresent
yes
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
Vietnam
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)

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