Massive investment in wind power plants could overload grid: experts
The rush to invest in wind energy to take advantage of the Government’s pricing incentives could lead to overloading of the national grid in a repeat of the solar scenario, experts warn.
The Government announced a feed-in tariff (FIT) in 2011 for wind energy of 1,770 VND per kWh (7.8 US cents) and a power purchase agreement (PPA) duration of 20 years. In 2018 it raised the FIT to 1,928 VND (8.7 US cents) for onshore wind projects and 2,223 VND (9.8 US cents) for offshore projects. The rates apply to grid-connected power plants with commercial operations before November 1, 2021.
