Viet Nam Energy Partnership Group (VEPG)

Technical Working Group 2 on

Renewable Energy
2nd Meeting in 2023

Hanoi, 27 October 2023

1
Report of the VEPG Secretariat

• Updates of the TWGs in 2023

• VEPG DPs Projects Mapping

• Sector Information updated from the VEPG Secretariat

• Proposed TWG2 Workplan in 2024

2
Updates of the TWGs in 2023:
2023
Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23
TWG1
(PSSP)
9-Mar 27-Oct
TWG2 (RE)
7-Feb 25-Sep
TWG3 (2GI)

TWG4 (EE)
9-Jun
TWG5 (EM)

Accomplished activity
Planned activity

Viet Nam Energy Partnership Group 3

TWGs Meetings and Task Forces Status in 2023
TWG Meetings in 2023 and priority themes Task Force

Power Sector The first meeting of the TWG1 will be tentatively scheduled in None
Strategic Planning November 2023

1st meeting on 09 March 2023: On-going Task Force:

• Topic to be discussed/supported: Review the legal framework • Offshore Wind Task Force Development (led by
for the auction mechanism for RE; Technical standards for GIZ)
energy storage, forecasting, dispatch, smart grid, etc;
Renewable Energy
Assessment of coal plants and roadmap on the coal phase-out
nd
2 meeting on 27 October 2023
• Coordination discussion between MOIT and DP
• Priority themes will be discussed in this meeting
1st meeting on 08 February 2023: Proposed topic for Task Forces:
• Smart Grid, Grid modernization • Impact of EVs on power system (led by ADB)
Grid Integration • Financing grid modernization
and Grid 2nd meeting on 25 September 2023:
Infrastructure • Grid technology trends when integrating large amounts of VRE;
• Assess the inter-regional and cross-country transmission grid
strategy
1st meeting will be scheduled in early November 2023: On-going Task Force:
Energy Efficiency • EE policies for enterprises and compliance of enterprises • Energy Efficiency in Buildings (led by UNDP)

1st meeting on 09 June 2023: Closed Task Force:

• Gas competitive market • Competitive Electricity Market and DPPA
Energy Market
• LNG market development On-going Task Force:
Viet Nam Energy Partnership Group 4
2nd meeting will be scheduled in December 2023 • LNG market development (led by PV Gas)
Report of the VEPG Secretariat

• Updates of the TWGs in 2023

• VEPG DPs Projects Mapping

• Sector Information updated from the VEPG Secretariat

• Proposed TWG2 Workplan in 2024

5
 VEPG DPs/Donor’s Project Mapping
• The VEPG Secretariat has received updated information on 192 projects from 23 Development Partners
and stakeholders in 2023, in which there are 80 ongoing projects, 77 closed projects and 34 in-pipeline
and planned projects.
• There are DP updates still pending and details missing. The total reported budget of these 80 ongoing
projects is 1,58 billion dollars in various forms of funding such as loans, grants and technical assistance.
• The main development partners (DPs) currently supporting Vietnam’s energy sector are World Bank
(WB), Asian Development Bank (ADB), German Development Bank (KfW), French Development Agency
(AfD), European Union (EU), German Agency for Technical Cooperation (GIZ), and Danish Embassy. Also
supporting are Australia, UK, USAID, and ETP/UNOPS.
• These large DPs provide mainly loans, except the EU, which provides grants and Technical Assistance.
Most of the other DPs provide technical assistance only.
• The VEPG DPs/Donor’s projects mapping for 2023 has been uploaded on the VEPG Website:
https://vepg.vn/resources/vepg-documents/
• Please contact us to share/update your project information!

Viet Nam Energy Partnership Group 6

 VEPG DPs/Donor’s Project Mapping – Preliminary analysis

Number of projects by thematic

(Note: Many projects are multi-thematic)
120

100

80

60

40

20

0
PSSP RE GIGI EE Energy Market Energy Data & Others
Statistics

Viet Nam Energy Partnership Group 7

Report of the VEPG Secretariat

• Updates of the TWGs in 2023

• VEPG DPs Projects Mapping

• Sector Information updated from the VEPG Secretariat

• Proposed TWG2 Workplan in 2024

8
 1. Energy and power sector updates in 2023
Indicators 2030 2050
➢ Decision 893/QD-TTg approved “Integrated
National Energy Master Plan for the period Final energy demand (mtoe) 107 165-184
2021-2030, outlook to 2050” on 26 July 2023 Primary energy supply (mtoe) 155 294-311
➢ Decision 500/QĐ-TTg approved “Power RE share in primary energy 15-20% 80-85%
Development Plan for the period 2021-2030, supply
outlook to 2050” on 15 May 2023 Energy Efficiency (to BAU) 8-10% 15-20%
➢ Recently the draft of Implementation plan for CO2eq emissions (mt) 399-449 101
PDP8 is submitting 3rd time to PM for approval
➢ MOIT (158/BC-BCT) proposed DPPA, with
two stages, to be integrated into Electricity
law (Revision).
➢ EVN continues to have big deficits (29,000 bil
VND for the first 6 months of 2023).

Viet Nam Energy Partnership Group 9

 Framework for ele. prices of Max. price
transitional SPP & WPP (VND/kWh)
Ground-mounted SPP 1,184.90
2. RE updates in 2023 Floating solar power plant 1,508.27
Onshore wind power plant 1,587.12
➢ In Jan 2023. MOIT issued the decision 21/QD-BCT to Offshore wind power plant 1,815.95
promulgate the transitional framework for electricity
prices of Solar power plants (SPP) and Wind power Power
First half
Generation %
plants (WPP). 2023
Sources
➢ RE plants are continuing to be allowed to connect to
the National grid and sell electricity at prices in a HPP 29,830 22.1
transitional framework for SPP and WPP. Coal-fired 66,760 49.5
➢ RE regulatory framework, including Electricity law CCGT 15,430 11.5
revision is under discussion.
Oil 11,500 0.9
➢ National Marine Spacial Planning (NMSP) was passed Import 1,790 1.3
by the National Appraisal Committee.
Other RE 19,500 14.5
- Wind 5,290 3.9
- Solar PV 13,680 10.6
TOTAL 134,980 100

Viet Nam Energy Partnership Group 10

Report of the VEPG Secretariat

• Updates of the TWGs in 2023

• VEPG DPs Projects Mapping

• Sector Information updated from the VEPG Secretariat

• Proposed TWG2 Workplan in 2024

11
 Proposed priority themes of the TWG2 meetings in 2024
(for discussion)

Solutions and recommendations to achieve targets of RE in line with the PDP VIII;

Offshore Wind Development;

Study and recommendations of technologies for new renewable energy and renewable energy
trends (BESS, Advanced Geothermal, Amomia, Hydrogen).

Green Funding for RE – Sources and mechanisms.

RE Regulation framework

Other themes?

Viet Nam Energy Partnership Group 12

 Proposed Workplan for the TWG3 in 2024
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
Activity schedules
2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024

TWG 2 meeting on Renewable Energy

M M M M
and DP/MOIT coordination meeting

Support the establishment and

operation of New Task Forces

VEPG SC Meeting M M

VEPG High-Level Meeting M

Sustainability of the VEPG

Viet Nam Energy Partnership Group 13

Thank you for your attention!

14