Is Vietnam ready for a competitive bidding mechanism for solar energy?

Vietnam is now developing a competitive bidding mechanism for solar energy to improve grid efficiency, promote competition, and ensure a stable energy supply, but it’s currently in the works and hasn’t been implemented yet. As such, Vietnam has been in a transition phase since the end of the FiT policy.

Can Floating photovoltaic systems help Vietnam transition to a low carbon economy?

Floating Photovoltaic (FPVs) systems provide a unique opportunity for Vietnam to address its growing energy demands and transition to a low carbon economy by utilising only a small portion of water surfaces available for this purpose.

Could Vietnam's water surface be used for floating photovoltaics (FPVS)?

Vietnam's vast water surfaces could be used for deploying floating photovoltaics (FPVs) technology, which is an emerging and innovative approach in generating clean electricity. The country has successfully deployed local power generation through small and mini hydropower before, which has supported agricultural developments in Vietnam.

Should Vietnam use floating photovoltaics?

In Vietnam 40% of the land is dedicated to agriculture and thousands of inland water bodies are used for agriculture/aquaculture. Utilising even a small portion of them for Floating Photovoltaics (FPVs) would mitigate land-use conflicts and benefits agriculture and aquaculture.

Can FPV technology address Vietnam's energy needs?

The purpose of this research is to show the significant role that FPVs technology can play in addressing Vietnam's energy needs, considering the challenges that this country faces including growing population, economy, electricity demand, land use conflict and commitments to Paris Agreement.

Does Vietnam need a secure energy supply?

Vietnam needs to have access to secure energy supply and sustainably shift its energy resources from fossil fuels to renewables.