DPPA mechanism: Basis for generation companies to resume investments in renewable energy
• Decree 80/2024/NĐ-CP which allows Direct Power Purchase Agreement (DPPA) between renewable energy generation companies (RE gencos) and buyers was signed and became effective on July 3rd, 2024. We believe DPPA is the necessary regulatory basis to resume investments for transitional RE projects and new RE projects without solely relying on EVN.• We view DPPA as a pilot for Vietnam Wholesale Electricity Market (VWEM) and an important step in liberalizing Vietnam’s electricity market. Regarding intermediaries, DPPA mechanism will create opprtuinities for industrial parks to participate when their customers have total electricity consumption over 200,000 kWh per month. As for electricity sellers, we believe RE gencos that have transitional projects (GEG) or new projects to be launched (REE) will be the main benificiaries of the mechanism.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.