Renewable Energy Investment in Thailand and Vietnam from a Legal Perspective

DOI

10.2991/iceml-18.2018.56How to use a DOI?

Keywords

renewable investment, power purchase agreement (PPA), and project finance

Abstract

Investments are expected to significantly contribute to the growth of the renewable energy industries in Thailand and Vietnam. From the business and financial perspectives, a solid legal framework appears essential for the investors. On the one hand, it should serve as a legal basis addressing how the investor can obtain the right to operate and sell electricity, thus ensuring financial viability of the project. On the other hand, it should serve as a legal protection against risks associated with energy investment, including political risk such as expropriation and Change in Law. This paper finds that legal frameworks governing renewable energy investment in Thailand and Vietnam – an enterprise relying on a licensing system, a single-buyer model, and a power purchase agreement (PPA), are functionally comparable.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Piti Eiamchamroonlarp
PY  - 2018/09
DA  - 2018/09
TI  - Renewable Energy Investment in Thailand and Vietnam from a Legal Perspective
BT  - Proceedings of the 2018 International Conference on Energy and Mining Law (ICEML 2018)
PB  - Atlantis Press
SP  - 260
EP  - 263
SN  - 2352-5428
UR  - https://doi.org/10.2991/iceml-18.2018.56
DO  - 10.2991/iceml-18.2018.56
ID  - Eiamchamroonlarp2018/09
ER  -