Current Situations and Solutions for Renewable Energy Development in Vietnam

Bich Huy Nguyen, Nguyen Anh Tuan

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


References


Luu Duc Hai, Nguyen Thi Hoang Lien (2009). Renewable energy policies for sustainable development in Vietnam, VNU Journal of Science, Earth Sciences 25 (2009) 133-142.

Prime Minister's Decision No. 153/2004/QB- TTg (17th August 2004), Strategic direction for sustainable development in Vietnam.

Prime Minister's Decision No. 177/2007/QD- TTg (2(ih November 2007), Project of bio-fuel development to 2015 and the vision to 2025.

Prime Minister’s Decision No. 130.2007/QD- TTg, Policy on financial issues of investment projects for clean development (CDM).

Nguyen, T. (2009), Vietnam yet to develop renewable energy sources, The Saigon Times Daily at http://enplish.thesaigontimes.vn/Home/ business/other/4398/


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