A report submitted by the National Assembly's Economic Committee on the current situation and solutions for electricity development towards 2030 to meet the requirements of socio-economic development showed that high economic growth over the past two decades had caused electricity demand to jump. Electricity output increased by about 10 times from 1990 to 2019. … [Read more...] about Viet Nam to face power shortages
Power shortages
Vietnam to face power shortages
It will also restructure the power sector in accordance with the development levels of the electricity market and continue to equitise generating units according to approved plans, while separating the cost of electricity distribution and retail businesses. It will separate the electricity market operator into an independent accounting unit under Viet Nam Electricity (EVN). … [Read more...] about Vietnam to face power shortages
Electricity projects progressing slowly, Vietnam warned of power shortage
The latest report of the Ministry of Industry and Trade (MOIT) on solutions to develop power generation sources by 2030 shows that electricity production growth in 2011-2019 was 10.1 percent per annum, and the electrical merchandise growth rate was 10.5 percent, while the maximum load capacity (Pmax) in 2019 was 38,249 MW. … [Read more...] about Electricity projects progressing slowly, Vietnam warned of power shortage
Ministry proposes overhaul of investment framework for power projects
The minister said his ministry had been working on a power development plan for the country which outlined steps to be taken to address these issues including increased efforts to attract FDI investment and seeking government support for BOT projects. The plan is to be submitted to the Prime Minister no later than this October. … [Read more...] about Ministry proposes overhaul of investment framework for power projects
MoIT proposes overhaul of investment framework for power projects
Despite the rapid development of renewable energy, including in the central region, the national grid has not been able to handle its full output. Several solar farms in the provinces of Ninh Thuan and Binh Thuan with a total combined output of 690 MW have had to cut back production. Anh said this issue would only be resolved at the end of the year when a number of infrastructure projects in the region were completed. … [Read more...] about MoIT proposes overhaul of investment framework for power projects
