Safe and reliable adequate power supply
MOIT Minister Nguyen Hong Dien speaking at the opening of the conference
According to the report of MOIT, in the field of power, the Power Industry has supplied safe and reliable adequate power for daily life and increased production demand after the pandemic period.
The MOIT also acknowledged that EVN and its member units have actively implemented construction investment and soon put into operation many power grid projects to release the capacity of renewable energy sources such as Nha Trang - Thap Cham 220kV power line, Ninh Phuoc - Thuan Nam 220kV power line and Vinh Hao 220kV substations, increasing the capacity of Phuoc Thai 220kV substation, Cam Ranh 220kV substation, Vinh Chau 220kV substation...
The MOIT has promoted transparency in mobilizing power plants, creating a competitive environment, and enhancing the initiative of power market participants. Up to November 2022, there were 108 power plants directly participating in bidding in the electricity market, with a total installed capacity of 30,837MW, accounting for about 38.8% of total system capacity; There are 6 electricity wholesalers directly participating in buying electricity on the spot market as well as signing bilateral contracts with power plants. The competitiveness in the wholesale electricity market has been gradually expanded in scale…
President and CEO of EVN Tran Dinh Nhan (first row, second from left) attends conference
Focus on removing difficulties for key power projects
In 2023, for the Power Industry, the MOIT will continue to focus on implementing the tasks of developing and implementing legal documents: amending the Electricity Law; formulating a Decree guiding Article 6, Law No. 03/2022/QH15 on socialization of the transmission grid; completing the dossier to submit to the Government on the request for the formulation of the Decree on investor selection of power projects; continuing to submit projects to the Prime Minister: completing the Power Planning VIII; the development strategy of Vietnam's the power industry to 2030, with a vision to 2045; report to the Government for promulgation of the Resolution on the public investment program in electricity supply in rural, mountainous and island areas in the 2021-2025 period; research, advise, develop and submit for approval mechanisms and policies for electricity and renewable energy development in line with the country's goals, planning, socio-economic development conditions and Comply with current laws...
At the same time, the MOIT will also coordinate with relevant ministries, branches, and units to focus on removing difficulties for key power source and grid projects; mobilize maximum resources to ensure adequate electricity supply for production and daily life; coordinate with the Committee for the Management of State Capital at Enterprises on the project of converting the National Load Dispatch Center into a single member limited liability company...
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Some electricity balance targets of the MOIT in 2023:
+ Total power capacity (excluding rooftop solar power): expected to reach 83,156MW, up 4.4% compared to the estimated implementation in 2022.
+ The rate of power reserve capacity (excluding renewable energy): expected to reach 18.8% - 20.1%.
+ Commercial electricity: Expected to reach about 259.5-263.6 billion kWh, an increase of 7.4 - 9.1% compared to the actual estimate current year 2022.
+ Electricity generated and imported: It is expected to reach about 289.9 - 294.3 billion kWh, an increase of 8-9.7% compared to the estimated implementation in 2022.
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