State Incentives for Solar Energy in the Context of Energy Transition in Developed and Developing Countries

The world economy is developing rapidly, and many countries in the world are facing pressure of energy demand due to economic development. Vietnam is one of the countries that has advantages in solar energy development, so it plans to develop renewable energy in the structure of the energy balance....

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Main Authors: Minh Phuong Nguyen, Tatiana Ponomarenko
Format: Article
Language:English
Published: MDPI AG 2025-03-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/18/5/1227
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author Minh Phuong Nguyen
Tatiana Ponomarenko
author_facet Minh Phuong Nguyen
Tatiana Ponomarenko
author_sort Minh Phuong Nguyen
collection DOAJ
description The world economy is developing rapidly, and many countries in the world are facing pressure of energy demand due to economic development. Vietnam is one of the countries that has advantages in solar energy development, so it plans to develop renewable energy in the structure of the energy balance. The article analyzes the policies of a number of countries in the world that have significantly developed the field of solar energy (USA, Germany, Japan) or have some similarities with Vietnam (China, Thailand, Australia). Based on the results of the analysis, we develop recommendations for a strategy for sustainable development of the solar energy sector in Vietnam.
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spelling doaj.art-3b5d61066a514192b083ba63f0dc9c332025-03-12T13:55:54ZengMDPI AGEnergies1996-10732025-03-01185122710.3390/en18051227State Incentives for Solar Energy in the Context of Energy Transition in Developed and Developing CountriesMinh Phuong Nguyen0Tatiana Ponomarenko1Department of Organization and Management, Economics, Saint Petersburg Mining University, 199106 Saint Petersburg, RussiaDepartment of Organization and Management, Economics, Saint Petersburg Mining University, 199106 Saint Petersburg, RussiaThe world economy is developing rapidly, and many countries in the world are facing pressure of energy demand due to economic development. Vietnam is one of the countries that has advantages in solar energy development, so it plans to develop renewable energy in the structure of the energy balance. The article analyzes the policies of a number of countries in the world that have significantly developed the field of solar energy (USA, Germany, Japan) or have some similarities with Vietnam (China, Thailand, Australia). Based on the results of the analysis, we develop recommendations for a strategy for sustainable development of the solar energy sector in Vietnam.https://www.mdpi.com/1996-1073/18/5/1227solar energyenergy transitionrenewable energysustainable developmentenergy investment
spellingShingle Minh Phuong Nguyen
Tatiana Ponomarenko
State Incentives for Solar Energy in the Context of Energy Transition in Developed and Developing Countries
Energies
solar energy
energy transition
renewable energy
sustainable development
energy investment
title State Incentives for Solar Energy in the Context of Energy Transition in Developed and Developing Countries
title_full State Incentives for Solar Energy in the Context of Energy Transition in Developed and Developing Countries
title_fullStr State Incentives for Solar Energy in the Context of Energy Transition in Developed and Developing Countries
title_full_unstemmed State Incentives for Solar Energy in the Context of Energy Transition in Developed and Developing Countries
title_short State Incentives for Solar Energy in the Context of Energy Transition in Developed and Developing Countries
title_sort state incentives for solar energy in the context of energy transition in developed and developing countries
topic solar energy
energy transition
renewable energy
sustainable development
energy investment
url https://www.mdpi.com/1996-1073/18/5/1227
work_keys_str_mv AT minhphuongnguyen stateincentivesforsolarenergyinthecontextofenergytransitionindevelopedanddevelopingcountries
AT tatianaponomarenko stateincentivesforsolarenergyinthecontextofenergytransitionindevelopedanddevelopingcountries