Proposing a special mechanism for piloting offshore wind power

The Ministry of Industry and Trade is assigned to draft a National Assembly Resolution if necessary, to soon pilot offshore wind power projects.

This direction was stated by Deputy Prime Minister Tran Hong Ha when concluding the meeting of the Steering Committee for key energy projects on March 13.

According to the National Power Development Plan (Power Plan VIII) to 2030, offshore wind power will reach about 6,000 MW by 2030, and can increase further if technology develops rapidly and electricity prices and transmission costs are reasonable. However, to date, no project has been decided on in principle and assigned to an investor.

At the end of January, the Deputy Prime Minister assigned the Ministry of Industry and Trade and other agencies to develop a pilot project using the budget to explore, investigate, survey and select investors for offshore wind power projects.

At today’s meeting, the Steering Committee representative said that this pilot project is stuck with issues related to investigation, survey, exploration, measurement at sea and assignment of sea areas. The project also faces difficulties with investment issues, such as approval of policies, selection of investors, conditions for foreign investors, and planning according to planning laws.

Inadequacies related to regulations in the Law on Investment, Bidding, Resources, Marine and Island Environment, and some plans and resolutions of the National Assembly .

The Deputy Prime Minister requested the Ministry of Industry and Trade to promptly complete the review of regulations and legal basis for implementing the pilot project. If necessary, Mr. Ha said the Ministry of Industry and Trade should propose to the competent authority to draft a National Assembly Resolution so that it can be implemented immediately while waiting for the law to be amended.

This special mechanism has been proposed by many corporations and enterprises at previous meetings with leaders of the Government and ministries. They believe that there should be a policy from competent authorities on a special mechanism to remove obstacles not yet regulated by law when implementing offshore wind power projects.

In addition to the offshore wind power pilot project, LNG power projects have also encountered many obstacles during implementation. The Nhon Trach 3 and Nhon Trach 4 Thermal Power Plant projects are stuck with regulations on unifying the long-term electricity output commitment in the power purchase contract and determining the LNG power generation price frame.

The Deputy Prime Minister assessed this as an urgent issue that could affect the progress of investment in power source projects and national energy security. He assigned the Ministry of Industry and Trade to promptly clarify current regulations, research, and propose solutions.

Phuong Dung

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