Vietnam Energy Summit 2020 was organized by the Government and the Central Economic Commission.
The energy industry has grown rapidly
Head of Central Economic Commission Nguyen Van Binh opening the Forum
Deputy Prime Minister Trinh Dinh Dung speaking at the Forum
According to Deputy Prime Minister Trinh Dinh Dung, implementing Resolution No. 55 of the Politburo, over the past time, the Prime Minister and the Government have developed specific action plans. Particularly, a number of key tasks such as institutional improvement, development and implementation of the National Energy Development Strategy and strategies for developing energy sub-sectors such as coal, power, National Energy Master Plan. National Electricity Development Plan, etc.
In particular, the Government is gradually transforming the energy sector to operate under a market mechanism. In which, Vietnam's power sector has been operating under the competitive wholesale electricity market model since 2019. The adjustment of electricity retail prices has been implemented in the market mechanism, under the control of the State. The Prime Minister has directed the related units to speed up the construction and early completion of the Project on developing a competitive energy market by 2030, with a vision to 2035; ensure adherence to the guidelines, orientations and solutions of Resolution No. 55, which will soon complete the competitive electricity retail market in pilot by 2022 and fully put into operation by 2023, and so on.
EVN actively implemented Resolution No. 55
Presenting at the Forum, Mr. Duong Quang Thanh said that EVN has well performed the tasks assigned by the Government in ensuring power supply for the country's socio-economic development with increasing power demand by an average of 10.5%/year in the period of 2011-2019.
To date, Vietnam's power system has a total power capacity of over 55,000MW, an increase of 2.7 times compared to that of 2010, ranking 2nd in Southeast Asia (after Indonesia) and 23rd in the world. Vietnam's power grid infrastructure currently ranks first among ASEAN countries.
Mr. Duong Quang Thanh giving a speech at the Forum
EVN has supplied power to 100% of communes and 99.52% of households across the country, including 99.25% of rural households.
Implementing Resolution No. 55/NQ-TW, EVN has developed the Group's Development Strategy to 2030, with a vision to 2045 meeting criteria and targets in line with Resolution No. 55 and submitted it to the Prime Minister for approval. In addition, the Group also set a number of targets that were ahead of the time schedule under Resolution No. 55; including the construction of synchronous transmission grid systems with electricity centers, especially new and renewable energy power centers.
In recent years, some areas of strong development of renewable energy such as Ninh Thuan, Binh Thuan have experienced the local overload of the transmission grid. In this situation, EVN has invested and put into operation 500kV, 220kV substations and currently basically released all the capacity of solar power plants in Ninh Thuan and Binh Thuan. From now to the end of 2020, together with the substations invested by EVN, in coordination with the Trung Nam 500kV substation, all solar power plants in Ninh Thuan and Binh Thuan areas will be released of capacity and there will be no more overloading situation.
High-level energy forum of Vietnam attracts the participation of numerous leaders of ministries, agencies, localities and energy experts at home and abroad.
In the Development Strategy, EVN also set out a roadmap for building an intelligent grid system, improving the efficiency of scientific and technological application of Industrial Revolution 4.0, promoting digitalization and striving to be transformed into a digital business by 2025.
The Group strives to manage 100% of 110kV transformer stations by remote and unmanned control after 2020; and for 220kV stations after 2025.
EVN is studying to build systems to replenish for the shortage of RE resources when generation if not performed. Specifically, the Group is studying to build a pumped storage hydropower plant in Ninh Thuan - right in the area of wind and solar power development. The Group has cooperated with the US consultants to research and install power-accumulating systems across the national grids to ensure the storage of renewable energy sources in the time to come.
First of all, the Group shall coordinate with the Institute of Energy to make a report to the Ministry of Industry and Trade to promote the construction of a synchronous transmission grid system with power plants and power centers to supplement them into the adjusted Electricity Master Plan VII. as well as the Electricity Master Plan VIII in the coming time, meeting the requirements of socio-economic development, national defense and security in the spirit of the guidance of Resolution No. 55.