The Central Highlands provinces have just welcomed a strong wave of investment in the wind power sector. However, hundreds of wind power poles have invested but are currently standing still, waiting for rust. Tens of thousands of billions of dong have been massively "poured" into the Central Highlands wind power, but the results have not yet been seen. So what is the cause?

From a promising province for wind power, Dak Nong is now the place where businesses are most bogged down in the Central Highlands. Along with economic losses of enterprises, there are increasing complications in security and order in the locality, including: unending conflicts in the stage of site clearance and many cases of violations in the criminal framework. awaiting trial, when they demolished people's houses to build wind power.

Mr. Nguyen Ba Ut - Director of Dak Nong Department of Industry and Trade admitted: “Wind power is a very new industrial investment field in the locality. The implementation process has not calculated all scenarios and risks. The implementation of 6 projects with a total capacity of 430 MW in the last period in the province has many shortcomings, especially investors' switching off and arbitrarily raising the compensation price for site clearance, leading to counterproductive.”

Mr. Nguyen Ba Ut added: “Investors are eager to work to ensure commercial operation. It is the pursuit of that project that causes difficulties and inadequacies for investors themselves. During the implementation process, there were problems that the investor did not have in the project feasibility report before. Currently, the investor is proposing to adjust the project, adjust the positions that cannot be implemented. due to the lack of compensation for ground clearance.”

Wind power from excitement to disappointment

Speeding up progress at all costs also gives rise to violations of legal regulations on planning, investment, construction, and land in a series of wind power projects in the Central Highlands. In which, the most common is the project implementation without an environmental impact assessment; building wind power on land under industrial planning, construction before completing procedures for land allocation and land lease; construction on land under the use of the people without compensation or ground clearance.

Mr. Luu Van Khoi - Director of Dak Lak Department of Industry and Trade acknowledged the mistakes, shortcomings and limitations in wind power projects, but considered this to be inevitable. Mr. Luu Van Khoi said: “There is an inconsistency in land procedures because the time from the time the investor deploys the project to the time it has to be put into operation is very short. hard to keep up. Some people have to do it first and then complete the procedure later.”

In the midst of the hustle and bustle, evading the law, frantically chasing the "FIT price", many wind power projects in the Central Highlands have been "sold young rice" right from the time they got the investment license. Typically, Chu Prong Gia Lai Wind Power Joint Stock Company and Chu Prong Gia Lai Wind Energy Joint Stock Company, only a few months after being approved by Gia Lai Provincial People's Committee, two projects with a total investment value of more than 3,800 billion dong, over 50% of shares of 2 companies have been transferred to a foreign company. At the moment, the transfer rate is over 99%.

This shows that, from the very beginning, both companies did not register to invest in wind power with the aim of producing and trading electricity, but rather "finishing the project", turning to make a profit.

According to Mr. Nguyen Duc Kien, former Deputy Chairman of the Economic Committee of the National Assembly, shared: “The handover to wind power projects is essentially buying and selling preferential policies that the Government has issued for this sector. Dozens of projects were sold, so they were forced to block. Price FIT is the State by all means to give priority to Vietnamese businesses. Businesses must be profitable, the Government does everything to make businesses profitable, but those profits want you to invest."

Out of 29 wind power projects, with more than 85,000 billion VND invested in the Central Highlands provinces, 15 projects missed the schedule and could not generate electricity. 14 projects were promptly connected and recognized for commercial operation, also leaving many doubts.

According to information from the National Load Dispatch Center, the generating capacity of wind power is very low. As of April this year, not many times the system reached 50% of the total capacity, sometimes only 0.37%.

This result is in great contradiction with wind survey data, assessment of power generation capacity has been done before, especially in the Central Highlands, where all projects report that it is capable of generating power over 5,000 hours per year five.

In particular, the period from October last year to April next year is the golden season of wind power in the Central Highlands. Wind power projects are increasingly promoting their designed capacity. This contradiction raises the question: the wind survey data, the previous assessment of power generation capacity are virtual data, or the enterprises have been connected before the technical adjustment has not been completed, leading to the inability to generate electricity. as design?

Talking about this issue, a leader of an enterprise contributing shares in many wind power projects said: “Even in projects with good power generation, wind power is still a pain for investors. In terms of efficiency, the projects that do not enter are certainly not effective at all, even bankrupt. As for the project, even though the power grid situation is like this, it also faces two problems: capacity overload and capacity reduction. In some areas, the capacity is cut to 20%, in some places it is 10% depending on the project, the source is a lot, but the power grid, EVN's investment is very slow."

From being excited about the prospects of the golden autumn and sunny autumn, reaping the wind, bringing great profits to investors and making a great contribution to the budget, now the Central Highlands wind power has turned into a quagmire. More than half of the projects suffered from FIT slippage, investors suffered net losses and the risk of bankruptcy.

The remaining projects either produce adequate or weak power as noted by the National Load Dispatch Center, or generate good electricity but have their output cut, as reported by some wind power enterprises. That shows, there are many inadequacies and irregularities in the implementation process, along with the bad habits of self-interest, efficiency in investment and investment attraction.

Businesses that follow the wave of FIT price hunting, circumventing the law, invest, buy and sell, and transfer projects; localities accept shortcuts, let businesses reverse the process, despite the risks... If successful, businesses make profits, localities receive achievements, but when they fail, they blame and call for help.