Asia Renewables 2018 / Ho Chi Minh City

Wednesday, 17 January, 2018 to Friday, 19 January, 2018
Asia Renewables 2018 / Ho Chi Minh City

Robust industrialization and growth in Vietnam has fueled a surging demand for electricity. Electricity consumption from industrial and residential, is expecting to grow by 8 - 12 percent annually through 2020. And to meet this demand, additional capacity of 4,000 MW per year, from now through 2020, will be required.

The recent revised Power Master Plan VII (towards 2030) emphasized renewable energy capacity growth in wind, solar and biomass power, with targets to increase the percentage of renewable energy power to 7% percent by 2020 and 10 percent by 2030.

The current policies set to encourage foreign investors in power development with BOT, BOO, and PPP. To attract more investment from the private sector in developing IPP projects, MOIT and EVN have been working on a roadmap for price increases and gradual elimination of government control.

However, besides the low electricity prices and relatively lower Feed-in Tariff for wind power, Vietnam’s electricity market poses several challenges to international investors and project developers. The current PPA still falls short of bankability and BOT procedures require clearer guidelines. Juggling against raising equipment cost, much has to be done to attract the foreign investments into Vietnam’s renewable power generation projects.

CMT invites you to attend the Asia Renewables 2018 – Vietnam Renewable Power on 17 – 19 January 2018. Co-venue with 4th Biomass & BioEnergy Asia, attendees will hear from a carefully selected speakers-panel of key officials, project developers, financing and renewable energy experts, who share insights on projects, prospects, technologies and economics.