Vietnam to increase electricity imports from China and Laos

Vietnam to increase electricity imports from China and Laos

Illustrative image (Photo:

The Vietnam Electricity Group (EVN) is negotiating to purchase more electricity from China and Laos, according to EVN CEO Tran Dinh Nhan.

The power source in the entire system has no more reserve capacity, Nhan said.

Large power sources, including hydroelectricity and thermal power, have declined, so the available capacity of the national and northern power systems is only about 42,000 MW and 19,000 MW in the afternoon peak, and 39,200 MW and 18,000 MW in the afternoon peak, respectively.

Therefore, the EVN has to mobilize sources of thermal energy that work with diesel oil (DO) and fuel oil (FO).

It has also put in place many solutions, such as collaboration with Vietnam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin), Dong Bac Corporation and Vietnam Oil and Gas Group (Petrovietnam) to supply coal, gas and oil to power plants.

The group has negotiated with investors for wind and solar energy projects suitable for generating electricity for the national grid, while coordinating with localities to improve the economical and efficient use of electricity.

More efforts are being made to add new energy sources, including negotiations with investors for transitional renewable energy plants. To date, 15 power purchase contracts have been completed with a total capacity of 1,150MW and a temporary price equal to 50% of the price range.

Vietnamese retailers improve quality for competitive advantage

However, as of May 21, EVN had only added 85MW of electricity from Trung Nam Thuan Nam’s solar power to the national grid, while other investors had to finalize the relevant legal regulations.

Therefore, the EVN has to mobilize sources of thermal energy that work with diesel oil (DO) and fuel oil (FO).

Meanwhile, it is negotiating the purchase of electricity from China through the 110kV Shengou – Mong Cai line in May, June and July, with a capacity of 70MW, and will soon complete the procedures to sign the power purchase agreement.

The group has also boosted the import of power from Laos through the Nam Kong and Nam San hydropower clusters.

Article republished from the Vietnamese state media VNA in the framework of an agreement between both parties to share content. Link to the original article:

Vietnam News Agency (VNA) is a state-owned news organization that publishes, disseminates official information, and collects and provides news through various forms of multimedia content for domestic and foreign media agencies.

The VNA operates under a consortium model with 15 news units for domestic and foreign service and representative offices in the 63 cities and provinces nationwide and 30 foreign offices on five continents.

VNA and ReporteAsia have an agreement for sharing and republishing content

Source link

Written by Editor TLN

This is how Microsoft's Bing search engine works with ChatGPT

This is how Microsoft’s Bing search engine works with ChatGPT

In Photos: The faces of the protests in Washington

US police used excessive force against two Australian journalists