the moit seeks to finalise transitional power rate

The MoIT seeks to finalise transitional power rate

The Ministry of Industry and Trade (MoIT) has issued a document requesting Vietnam Electricity (EVN) reach agreement with investors on a transitory price for energy produced by photovoltaic and transitional wind power plants by May 27.
all systems go for energy security

All systems go for energy security

The newly approved Power Development Plan VIII for 2021-2030, with a vision to 2050, is designed to improve the country’s energy security and set out a roadmap for developing energy sources towards a green path. However, realising the targets will be a profound challenge for all involved.
mong cai city imports electricity chinas dongxing

Mong Cai city imports electricity China’s Dongxing

The Mong Cai (Vietnam) - Dongxing (China) 110kV transmission line was completed and put into operation at 6 am on May 22, adding power supply to Mong Cai city in the northeastern province of Quang Ninh, according to the Mong Cai City Electricity.
deputy pm urges acceleration of electricity licensing for finished wind solar power projects

Deputy PM urges acceleration of electricity licensing for finished wind, solar power projects

Deputy Prime Minister Tran Hong Ha has requested the Ministry of Industry and Trade to accelerate the process of issuing electricity licenses for wind and solar power projects that have been completed but have not yet been put into operation.
temporary prices set for two transitional wind power projects

Temporary prices set for two transitional wind power projects

Vietnam Electricity (EVN) recently approved temporary electricity prices for two wind power plants among 31 applications.
pm urges solutions to ensure power supply

PM urges solutions to ensure power supply

Prime Minister Pham Minh Chinh stressed the need to take short-term solutions to ensure enough electricity for production, business and daily use at a meeting between permanent Cabinet members and ministries and agencies in Hanoi on May 18.
modern objectives to consider in developing electricity market

Modern objectives to consider in developing electricity market

The objective of electricity market reform has shifted globally. If previously the objective of electricity sector reform was primarily economic efficiency, it now simultaneously seeks to achieve three goals: economic efficacy, energy security, and environmental tolerance. This objective is crucial for governments committed to reducing emissions and decarbonising.
reliability remains issue in vietnams electricity policy

Reliability remains issue in Vietnam’s electricity policy

Vietnam’s energy issues are still prevalent, even after it bumped up the electricity retail price earlier this month.
vietnams power sector faces difficulties integrating renewable electricity

Vietnam's power sector faces difficulties integrating renewable electricity

The accelerated expansion of solar and wind energy is straining the national power grid.
pdp8 officially authorised 2050 approach

PDP8 officially authorised: 2050 approach

The objective of the Power Development Plan VIII (PDP8) is to aggressively develop renewable energy sources for electricity generation. By 2050, the proportion of renewable energy is projected to have reached 67.7-71.5 per cent.
renewable investors voice grievances over price negotiations delays

Renewable investors voice grievances over price negotiations, delays

Wind and solar power investors continued to voice their grievances over difficulties in price negotiations and extending project deadlines with the Power Trading Company (EVNEPTC), a subsidiary of Vietnam Electricity (EVN) Group, the sole power distributor in the market.
resolving the remaining issues in infrastructure investment

Resolving the remaining issues in infrastructure investment

I first came to Vietnam when the US embargo on Vietnam was lifted in February 1994. Freshfields decided to open an office in Vietnam to focus on infrastructure development and foreign investment work. At the time, Vietnam’s electricity supply was inadequate.
firms ponder impact of new electricity hike

Firms ponder impact of new electricity hike

Vietnam last week raised its average retail electricity price by 3 per cent, in a move that could put upward pressure on inflation.
evn pushes for direct consumer involvement in vrem

EVN pushes for direct consumer involvement in VREM

Electricity of Vietnam (EVN) has developed the necessary criteria for consumers to participate in the Vietnamese retail electricity market (VREM) directly, submitting them to the Electricity Regulatory Authority of Vietnam (ERAV) under the Ministry of Industry and Trade (MoIT).
north faces 4900 mw shortfall in may and june

North faces 4,900 MW shortfall in May and June

EVN is considering reducing demand and mobilising more oil-thermal power sources during the main dry season months of May, June, and July as the northern provinces face a shortfall in available electricity.