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.
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.
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.
pm calls for end to long delayed dppa fulfilment

PM calls for end to long-delayed DPPA fulfilment

Prime Minister Pham Minh Chinh last week directed an urgent study of international and regional experiences to review Vietnam’s draft direct power purchase agreement (DPPA) pilot, which has been in limbo for years.
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.
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.
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.
electricity prices to be revised up following holiday

Electricity prices to be revised up following holiday

The Ministry of Industry and Trade has allowed the Vietnam Electricity (EVN) to revise up electricity prices by a maximum of 3 per cent following the April 30 - May 1 holiday.
government authorises undersea cables to power con dao

Government authorises undersea cables to power Con Dao

Deputy Prime Minister Tran Hong Ha has consented to lay undersea cables from the mainland to Con Dao in order to supply the island with electricity.
retail energy pricing in planning

Retail energy pricing in planning

The proposal to adjust the average retail price of energy must comply with the new bracket and be thoroughly investigated before being presented to local authorities for review, according to the Ministry of Industry and Trade.
van phong substation holds official naming ceremony

Van Phong substation holds official naming ceremony

Following great effort from staff and workers, and the construction process exceeding the deadline, the Van Phong 500kV substation and connection line held an official naming ceremonyon April 7.
debate drags on for power pricing status

Debate drags on for power pricing status

More than 80 investors have declined to submit paperwork in order to negotiate power pricing, instead preferring to waiting for the introduction of a higher price band.
evn loses more than 112 billion

EVN loses more than $1.12 billion

Electricity of Vietnam (EVN) lost more than $1.12 billion in 2022, according to the Ministry of Industry and Trade (MoIT) investigation into EVN's power output and business expenses presented at a press conference on March 31.