Development trend of Power sector in Industrial Revolution 4.0 era

This is the main content mentioned at the working session between Mr. Stuart Harley - Head of Ernst & Young Asia Pacific and Mr. Dinh Quang Tri - Deputy General Director in charge of responsibility and duties of the EVN General Director on 31 August 2018, in Hanoi.

Mr. Dinh Quang Tri said that, over the past time, in order to meet the demand on socio-economic development of the country, EVN had made efforts to fit with the demand of electricity growth at over 10% per year.

EVN is currently managing over 60% power source capacity of the country. Along with the traditional energy, Vietnam is focusing on further developing renewable energy sources such as solar power, wind power, etc.

The Power sector of Vietnam however also has encountered many difficulties in mobilizing capital, storing renewable energy sources, connecting the power system, etc. Additionally, applying modern technology to improve the efficiency of power production and business also exerts challenges.

Working delegation of Ernst & Young working at EVN

Mr. Stuart Harley shared his views with EVN’s Deputy General Director Dinh Quang Tri and predicted that the world’s Power sector was experiencing many changes in the context of the IR 4.0 which was exerting strong impacts in all areas.

Mr. Stuart Harley showed examples of combining energy and transport vehicles, developing a digital electricity market, the “central intelligence” trend in operating power system, etc. These are models developed on the platform of applying Internet of Things (IoT) technology, cloud data, data analysis, etc.

At the working session, the two sides also discussed on the issue of ensuring system security, safe operation of the power system when intergrating various sources of power. At the same time, cooperation opportunities in the future with the goal of modernizing Vietnam’s Power sector were also discussed.

  • 31/08/2018 04:50