In a significant move to promote renewable energy, Vietnam has introduced a groundbreaking policy enabling companies to purchase clean energy directly from producers. This pioneering initiative, aimed at reducing the country’s reliance on fossil fuels, allows businesses to buy electricity directly from solar and wind power generators.
The new policy, announced by the Vietnamese government, is a major departure from the traditional model where companies had to rely on the state-controlled grid for their energy needs. By allowing direct purchases, companies can now reduce their carbon footprint and contribute to Vietnam’s goal of increasing its renewable energy mix.
The move is expected to attract significant investment in the clean energy sector, as companies look to capitalize on the opportunity to reduce their energy costs and meet their sustainability targets. The policy also aligns with Vietnam’s commitment to reducing greenhouse gas emissions and mitigating climate change.
Industry experts hail the decision as a game-changer for Vietnam‘s energy landscape, predicting a surge in clean energy production and consumption. The policy is seen as a crucial step towards achieving the country’s ambitious target of generating 30% of its electricity from renewable sources by 2030. With this move, Vietnam joins a growing list of countries embracing direct clean energy purchasing, paving the way for a more sustainable future.
