KEY HIGHLIGHTS OF DECREE NO. 57/2025 ON THE MECHANISMS FOR DIRECT POWER TRADING BETWEEN RENEWABLE ENERGY GENERATION ENTITIES AND LARGE ELECTRICITY CONSUMERS
⚡️Direct power trading between renewable energy generation entities and large electricity consumers - Officially in effect!
📌On 03 March 2025, the Government issued Decree No. 57/2025/ND-CP which provides regulations on the mechanisms for direct power trading between renewable energy generation entities and large electricity consumers. These are important steps to promote clean energy, build a competitive and transparent electricity market in Vietnam.
💫📌Accordingly, the following key updates:
✨Expanding the scope of application
✨Additional requirements for large electricity consumers
✨Limitation on surplus rooftop solar power sold to Vietnam Electricity (EVN)
✨Introduction of price caps
✨Strengthening the management and supervision of electricity trading transactions
✨Facilitating the development of the renewable electricity wholesale market.
👉How does this new mechanism affect businesses, renewable energy generation entities and large electricity consumers?
Here is our advice on Key highlights of Decree No. 57/2025 on the mechanisms for direct power trading. If you are interested in or require legal advisory support regarding the above-mentioned matters. Visit the DIMAC website and our other news sections to get the latest updates on legal advice and market insights.
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