To improve the legal and regulatory environment, and increase the performance and expertise of private and state actors to accelerate the process of scaling up wind power in Vietnam
The DKTI Wind project supports the development of wind power market through addressing a number of regulatory and market barriers as well as capacity needs through technical assistance. The project is commissioned by the Federal Ministry of Economic Development and Cooperation (BMZ) under the German Climate Technology Initiative (DKTI), with a total budget of EUR 6.900.000 . The project is implemented by the Ministry for Industry and Trade (MOIT) and its General Directorate for Energy (GDE), as well as the Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ).
The DKTI Wind project consists of three Action Areas, each geared towards the development of the wind sector. Action Area 1, Legal and Regulatory Frameworks, aims to reduce barriers for domestic and international investment in the Vietnamese wind power market by proposing a comprehensive mix of political incentive schemes and support measures to attract private investment. Action 2, Capacity Development, aims at tackling technical, financial and practical skills needs in the sector through trainings with public institutions as well as Vietnamese project developers, local banks, consulting companies or specialized engineering firms. Action 3, technology cooperation aims to facilitate partnerships between Germany and Viet Nam so that the extensive experiences in wind power development in Germany can be transferred to Vietnamese context.
Field of intervention
- Legal and Regulatory Frameworks
- Capacity Development
- Technology Cooperation
- Public Institutions, domestic and international private sector, financial institutions
- Legal and Regulatory: The project has submitted to the Vietnamese Ministry of Industry and Trade a proposal for the revision of the current tariff that is perceived as too low for a nascent market. A handbook on wind power investment guidelines has also been published with an aim to improve the investment process into wind power in Viet Nam.
- Capacity development: The project conducted a wind power evening class from September to January 2016. The course provided participants with thorough content on technical and financial aspects of wind power development as well as support mechanisms. GIZ is also measuring wind speeds at 60m and 80m height at different sites in the country in an effort to validate, and improve the accuracy of available meteorological surface data as well as identify potential sites for the development of projects.
- Technology cooperation: We are supporting 3 research cooperation projects on wind power between Vietnamese and German universities. In September 2016, GIZ also organized the first Vietnam- Germany Summer School on Wind Power which provided an opportunity for 30 students of engineering, economics, and financial background from Viet Nam and Germany to learn about wind power project development in Viet Nam.