Decision 2719/QD-BCT issued by the Ministry of Industry and Trade regarding the establishment of a Task Force for research and development of a pricing mechanism framework for solar power plants and wind power plants integrated with battery storage system

09/02/2025

The Ministry of Industry and Trade has decided to establish a task force to research and develop a pricing mechanism framework for electricity generation, applicable to solar power plants and wind power plants integrated with battery storage systems. The members of the Task Force are listed in the attached Appendix.

The task force is responsible for developing this pricing mechanism framework and reporting the results by December 31, 2024. The scope includes:

(i) Methodology for constructing the pricing framework for solar and wind power plants combined with battery storage.

(ii) Data analysis based on information from the Electricity Regulatory Authority, the Institute of Energy, or consulting firms.

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For more information, please contact:

Hoang Pham (James) / Managing Partner at: hoang.pham@vselawyers.com

Attention: This legal update is not an advice and should not be treated as such.