Electricity legislation revamp in demand

Electricity legislation revamp in demand

Legislators are beginning to pore over changes to the Electricity Law that could aim to attract private investors while ensuring transparency in both prices and supply.
Lawmakers discuss anti-monopoly aspects of Electricity Law

Lawmakers discuss anti-monopoly aspects of Electricity Law

Questions were raised regarding anti-monopoly measures during discussions on draft amendments to the Electricity Law on August 29.
Vietnam's PM assures no energy shortages in 2024 at WEF discussion

Vietnam's PM assures no energy shortages in 2024 at WEF discussion

Vietnamese Prime Minister Chinh has chaired a discussion with Professor Klaus Schwab, founder and executive chairman of the World Economic Forum, in China.
Durable electricity supply to be ensured

Durable electricity supply to be ensured

Escalating power consumption has sparked an imperative to boost construction of a transmission line and simultaneously mobilise maximum capacity from coal-fired and gas-to-power plants to ensure adequate electricity supply this summer.
Daily electricity consumption exceeds 1 billion kwh for first time

Daily electricity consumption exceeds 1 billion kwh for first time

Due to intense heat waves, the electricity consumption across the country reached a new record of 1.001.9 billion kWh on May 28, surpassing the 1 billion kWh mark for the first time in history.
Brand new mindset required for proper usage of electricity

Brand new mindset required for proper usage of electricity

Electricity in Vietnam is being used at inferior efficiency compared to other countries, which is providing a challenge to find solutions on effectively using and saving it.
Laos urges consumers to conserve electricity

Laos urges consumers to conserve electricity

The prolonged heat and drought, and low rainfall have caused reservoirs and dams in Laos to run dry, and hydropower plants unable to operate or reduce their generation capacity.
Limited supply poses a risk of electricity shortages

Limited supply poses a risk of electricity shortages

Limited supplies, a rise in demand, and exorbitant electricity purchase expenses could potentially result in electricity scarcity in 2024.
Electricity plans take shape for 2024

Electricity plans take shape for 2024

The government is being urged to improve the supply of electricity for production and business activities, with warnings that power shortages could continue undermining the economy’s efforts to garner new funding from abroad.
EVN loses electricity monopoly, holding 37 per cent of total system capacity

EVN loses electricity monopoly, holding 37 per cent of total system capacity

State-owned enterprises no longer dominate as private investment in power generation rises sharply.
Adjusting electricity tariff vital to the energy sector

Adjusting electricity tariff vital to the energy sector

Low electricity pricing is the main reason behind supply and demand pressure, which hinders investment in the energy sector.
Electricity prices must reflect production costs for green transition

Electricity prices must reflect production costs for green transition

An expert has suggested Vietnam must accurately adjust electricity prices to mirror the cost of renewable energy production for a successful green transition.
PM requests efforts to start the construction of new electricity line

PM requests efforts to start the construction of new electricity line

Prime minister requested more efforts be made to begin the construction of the Quang Trach-Pho Noi 500kV line project of Circuit 3 in September.
Government urges EVN to complete electricity pricing mechanism

Government urges EVN to complete electricity pricing mechanism

The Vietnamese government has requested that the MoIT amend and supplement the mechanism for adjusting the average retail price of electricity and the structure of the retail electricity tariff.
MoIT proposes a new electricity pricing mechanism

MoIT proposes a new electricity pricing mechanism

The MoIT has proposed a new mechanism to adjust the average retail electricity price, as stipulated by the prime minister.
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