Investment Incentives for Renewable Energy in Southeast Asia: Case study of Viet Nam
Energy markets around the world face many challenges. Conventional supplies of fossil fuel reserves are becoming increasingly scarce, leading to rising prices.
At the same time, concerns over climate change are growing, increasing the urgency for countries to decouple greenhouse gas emissions from economic growth. All of these pressures have greatly raised the profile of renewable energy technologies (RETs), with governments now commonly providing a range of support frameworks and incentives to attract investment.
This report assesses investment incentives for renewable energy in Viet Nam. It focuses on small hydro, wind, solar, biogas, and biomass resources. Through an analysis of the incentives available for these technologies, and drawing on insights from representatives from governments and industry, it suggests some initial findings on the extent to which Viet Nam's investment incentives for renewable energy are effective and affordable, and identifies further research that could usefully be conducted in this area.
The analysis is part of a series of reports that aim to conduct an exploratory assessment of such incentives in developing countries around the world.