Wind power

Therefore, Chairman of the provincial People's Committee Tran Tien Hung has just signed a document to submit to the Prime Minister and the Ministry of Industry and Trade to consider and approve the Ky Anh MK wind power plant project into the national electricity development plan for the period of 2011-2020 with a vision to 2030. … [Read more...] about Ha Tinh gives green light to 696.5 million-USD wind power plant

Notably, 10 major power projects were supposed to go into operation from 2016-20 according to the adjusted plan, but they have been delayed beyond 2020. The projects in question are Song Hau 1 (1,200MW), Thai Binh 2 (1,200MW), Long Phu 1 (1,200MW), Na Duong 2 (110MW), Cam Pha 3 ( 440MW), Cong Thanh (600MW). Renewable energy sources (mainly solar power) have grown much faster than their targets thank to the impacts of development incentive policies. … [Read more...] about Viet Nam 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

EVN has been building and upgrading 21 transmission lines since last year to reduce national grid overload caused by the upsurge in number of solar power plants, mostly in the central provinces of Ninh Thuan and Binh Thuan. … [Read more...] about Solar power production triples

Echoing Ngai, Tran Dinh Long, deputy chairman of the Vietnam Electrical Engineering Association (VEEA), said that production costs account for 60 percent of retail prices. Any changes in material prices and fluctuation of currency exchange rates will result in changes in retail prices. … [Read more...] about Competitive distribution market unlikely to reduce power prices: experts