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.
Electricity market revamp on cards

Electricity market revamp on cards

A retail electricity market would mark a step towards market liberalisation efforts that enable consumers to choose who they wish to buy electricity from. To realise such a market, Vietnam’s Law on Electricity, as well as related documents will require certain adjustments to accommodate purchase agreements and other tools.
EVN calls for investment in solar power plants on reservoirs

EVN calls for investment in solar power plants on reservoirs

Electricity of Vietnam (EVN) is seeking investors in new electricity projects, including solar power plants on reservoirs, in an effort to ensure the safe and stable operation of the country’s electricity market.