Summary recommendations on incentive and financial mechanisms for demand response programmes

  26 November 2020
The workshop was held in Hanoi, Viet Nam (Source: GIZ)

On November 26, GIZ and the Electricity Regulatory Authority (ERAV) under Viet Nam’s Ministry of Industry and Trade (MOIT) co-organised a workshop to sum up the assignment of recommendations on incentive and financial mechanisms for promoting demand response programmes’ implementation in Viet Nam.

Hosting the event were Mr. Tran Tue Quang – ERAV’s Deputy Director General and Mr. Markus Bissel – Director of GIZ Viet Nam’s Smart Grids for Renewable Energy and Energy Efficiency (SGREEE) Project. The workshop welcomed representatives from affiliated entities under the MOIT and experts from the Hanoi University of Science and Technology.

The participants looked into demand respond (DR) programmes, methodology and guidance to carry out Cost-Benefit Analysis (CBA), and financial incentives and tariff-setting for programmes. Recommendations and action plans for Viet Nam were also put forward at this workshop.

After the presentations, the workshop recorded many questions, animated discussions and constructive suggestions to the consultant team, with a particular interest in the methodology to identify peak and off-peak hours of the system and also the benefits actually gained by stakeholders when joining DR programmes.

The workshop was part of the bilateral technical assistance project – SGREEE, which is implemented by ERAV and GIZ, on behalf of the MOIT and the German Federal Ministry for Economic Cooperation and Development (BMZ), respectively.

See more about SGREEE project here.

For more information, please contact Markus Bissel – SGREEE’s Project Director