News

As the region plunges deeper into an energy crisis, the way out could lie in a determined move towards EV adoption and reduced reliance on oil and gas imports.

Vietnam Electricity (EVN) continues to play an indispensable role in the country’s power market liberalization. Yet, increasing market participation and strengthening competition mechanisms also challenge EVN’s traditional position in the sector.

As Vietnam’s carbon market gradually shifts toward commercialization, experts from Climate Impact X warn that demand for high-quality carbon credits will continue to rise, urging developers to align with the global shift toward carbon removal credits.

For corporate buyers, Vietnam’s DPPA framework still lacks sufficient clarity at this stage. Combined with the introduction of the two-component electricity pricing mechanism, many companies are now reassessing their green power procurement strategies.

Nuclear power is re-entering Southeast Asia’s energy planning. At a May 5 webinar hosted by the ISEAS, experts highlighted that although Vietnam and the Philippines both seek nuclear power to decarbonize their grids, their focus remains distinct.

Indonesia’s megacity Jakarta is stepping up efforts to curb environmental pollution while expanding the deployment of low-carbon technologies.

Interviews conducted by RECCESSARY with multiple investors and developers found that opaque regulations, limited access to power data, and policy instability remain the biggest obstacles.

Vietnam’s rooftop solar policy is drawing a positive response, with industrial users, businesses and households all reporting tangible benefits.

Since February, portable solar power station prices in Malaysia have risen 20% and monthly sales have jumped fivefold as households hedge against power disruptions and rising electricity tariffs.

Vietnam’s power market is moving toward greater liberalization and transparency as the government loosens regulations to let supply and demand play a bigger role in determining electricity prices.