The PM also called for stronger electricity-saving measures, requiring annual savings of at least 3 per cent of national power consumption and at least 10 per cent during peak hot-weather months from April to July.
Stressing that ensuring energy security and a reliable power supply us critical as Việt Nam pursues double-digit growth, PM Hưng called on stronger determination and efforts to make necessary adjustments to the revised PDP8 to meet the rising demand.
The National Power System and Market Operation Company (NSMO) forecasts that nationwide peak demand could approach 100,000-110,000 MW by 2030, almost double current levels.
Excess rooftop solar power can be sold to the national grid at no more than 20 per cent of the installed capacity, according to a new Government decree on encouraging self-produced and self-consumed rooftop solar power issued on Tuesday.
Việt Nam Electricity (EVN) expects the Government to allow it to implement new power generation projects to ensure stable and safe electricity supply for socio-economic development demand.
The average electricity retail price has been increased by 4.8 per cent to VNĐ2,103.11 (US$0.085) per kWh, triggering concerns about its impact on residential and business lives.
Việt Nam Electricity (EVN) and the Việt Nam National Coal and Mineral Industries Holding Corporation Limited (TKV) worked together to ensure adequate supply of coal for electricity production in the remaining months of this year.
Starting in August, the National Load Dispatch Centre (A0) will separate from Vietnam Electricity to form the National Power System and Market Operation Limited Liability Company (NSMO) under the Commission for the Management of State Capital at Enterprises (CMSC).
Vietnam Electricity (EVN), the country''s largest power company, said the rumour about Vietnamese authorities urging certain businesses in northern Việt Nam to voluntarily reduce electricity usage by 30 per cent is inaccurate.
The focus will also be on developing a synchronised information system for the energy industry, including gas and oil, petroleum, coal, electricity, renewable energy and new energies.
The Đắk Lắk Power Company is undertaking a number of construction and other works to ensure electricity supply during the dry season even as demand is forecast to increase.
The three-circuit 500-kW transmission line from Quảng Trạch in the central province of Quảng Bình to Phố Nối in the northern province of Hưng Yên, must be complete and put into full operation in June 2024 to transmit electricity to...