At Hong Phong wind power farm (Photo: vneconomy.vn)
Forty-two out of 106 wind power plants registering for commercial operation received Commercial Operation Date (COD) acceptance as of October 29, according to Vietnam Electricity (EVN).
The 42 plants have a total capacity of 2,131.3 MW.
Under the Prime Minister’s Decision dated September 10, 2018 amending and supplementing several regulations on incentives for wind power projects in Vietnam, fixed preferential price of offshore wind power is 2,223 VND (9.8 US cents) while that of inland wind power is around 1,927 VND (8.5 US cents), excluding VAT.
The above prices are applied to wind power projects with a part or the whole plant having commercial operation date before November 1, 2021 and applied for 20 years from the date of commercial operation.
According to the Ministry of Industry and Trade’s Circular dated January 15, 2019 on the development of wind power projects and sample contracts for wind power purchase, sellers must send the draft document on trial operation process to buyers, thus setting the date of commercial operation and calculating power output during trial run.
With the regulation, tens of wind power projects are at the risk of failing to start operations as schedule./.
VietNamPlus