Tag: power

Under the revised National Power Development Plan for 2021 - 2030 with a vision to 2050, Vietnam's power generation capacity will reach between 183,291 megawatts and 236,363.

Stable power supply has been restored to 98 per cent of EVN clients affected by super typhoon Yagi.

A billion-dollar gas-fired power project, crucial to Vietnam's energy security, is on the brink of collapse due to a bitter land dispute between state-owned PetroVietnam Power and a local industrial park developer.

The state-backed coal conglomerate aims to boost output and revenues, but faces continued pressure for greater sustainability.

Authorities aim to close loopholes in a rapidly growing sector

Prime Minister's Directive Aims to Make The Most Out Of Local Resources To Stabilize Power Supply

Severe heat and impact of El Nino have led to a surge in power demand.

Mr. Rahul Kitchlu, Program Leader for Infrastructure and Lead Energy Specialist at the World Bank (WB), offered six solutions for Vietnam to achieve green growth and sustainable development. These include improvements in planning energy network expansion and the regulatory framework for procurement, to ensure low-cost renewable energy supply; pouring public investment into the power grid; and promoting electricity transmission and trading between regions.

Though the benefits of solar power are obvious and the use of renewable energy is no longer an option but a must, there remain many issues in implementation due to an absence of clear regulations, especially regarding waste treatment and handling used panels.

Vietnam’s power system was the largest in the ASEAN region last year in terms of power capacity. Electricity of Vietnam (EVN) has set a target for 2022 of commercial power output reaching 242.35 billion kWh, up 7.6 per cent year-on-year, and plans to begin and complete important power source and grid projects.

Deputy Prime Minister Le Van Thanh has requested that the Ministry of Industry and Trade continue to review planning on power source development to ensure the greatest balance of supply and demand in the region, combining and using parts of the transmission grid that exist or are under construction to ensure the highest overall efficiency.

Energy capacity now exceeds demand and the need for power for socio-economic development has declined, with many power plants ceasing production as a result or operating under capacity to avoid further oversupply and follow plans.