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

Minh Phuong Nguyen () and Tatiana Ponomarenko
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Minh Phuong Nguyen: Department of Organization and Management, Economics, Saint Petersburg Mining University, 199106 Saint Petersburg, Russia
Tatiana Ponomarenko: Department of Organization and Management, Economics, Saint Petersburg Mining University, 199106 Saint Petersburg, Russia

Energies, 2025, vol. 18, issue 5, 1-25

Abstract: 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.

Keywords: solar energy; energy transition; renewable energy; sustainable development; energy investment (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2025
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