FiT was introduced to support early development of renewable energy sources by providing a guaranteed, above-market price for producers to sell energy back to the grid.
Wind farms incur a cost of 7.0 cents for each kWh of electricity generated, whereas the ceiling prices for wind energy are set at VND1,587.12 (6.8 cents) per kWh.
Viet Nam''s energy prices, including the possibility of their rising in
coming years, are not a major factor in foreign investors''
decision-making, a new study says.
