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electricity

Powering change hurdles in VNs green energy push

Powering change hurdles in VN's green energy push

The Ministry of Industry and Trade stressed the need to review direct power purchase agreements and new energy mechanisms to ensure transparency, feasibility and support for Việt Nam’s renewable energy transition.
Power prices set to rise as hidden costs surface

Power prices set to rise as hidden costs surface

The Ministry of Industry and Trade has proposed adding previously unaccounted costs into retail electricity prices to help the Vietnam Electricity (EVN) to narrow losses and stabilise its finance.
Developing LNG power: unlocking bottlenecks

Developing LNG power: unlocking bottlenecks

Most other LNG projects in the Power Plan VIII are still in the project investment phase or looking for investors.
EVN invests nearly 50 million to restart Ninh Thuận nuclear power project

EVN invests nearly $50 million to restart Ninh Thuận nuclear power project

The move follows the National Assembly’s approval in November 2024 of a resolution allowing the resumption of the project, which was halted in 2016.
Việt Nam outlines three 2026 power supply scenarios amid growing electricity demand

Việt Nam outlines three 2026 power supply scenarios amid growing electricity demand

In the most extreme case, electricity demand increases by more than 15 per cent, driven by breakthrough economic performance and widespread severe weather conditions.  
EVN secures 65 million EUR loan for expanded Trị An hydropower plant project

EVN secures 65 million EUR loan for expanded Trị An hydropower plant project

This is the first project that KfW has lent to EVN in the form of a direct loan, without a government guarantee.
No power shortages whatever the circumstances, PM asks

No power shortages whatever the circumstances, PM asks

Prime Minister Phạm Minh Chính has asked efforts and solutions to ensure adequate electricity supply in all circumstances as the country is entering its summer peak demand season, with anticipated record high consumption.  
Electricity price hikes must come with support measures: NA Deputies

Electricity price hikes must come with support measures: NA Deputies

This marks the second adjustment since 2023, bringing the total increase over the past three years to more than 17 per cent.
Long-term, transparent roadmap on electricity price hikes needed

Long-term, transparent roadmap on electricity price hikes needed

The electricity price rise was the second adjustment since 2023, bringing the total increase in the past three years to more than 17 per cent.
Electricity prices increase by 4.8 per cent amid soaring generation costs

Electricity prices increase by 4.8 per cent amid soaring generation costs

Việt Nam Electricity (EVN) on Friday announced that the average retail electricity price will be increased by 4.8 per cent starting from Saturday, marking the fourth hike since early 2023.
Ensuring enough supply of electricity to achieve economic growth

Ensuring enough supply of electricity to achieve economic growth

Key measures also involve expediting critical power generation and transmission projects, optimising resource mobilisation, encouraging electricity savings and reducing peak-time consumption.
EVN proposes offshore wind power price cap of up to 0.15/kWh in northern Việt Nam

EVN proposes offshore wind power price cap of up to $0.15/kWh in northern Việt Nam

According to EVN, the proposed price cap is based on input parameters developed by the Institute of Energy and d in accordance with the Việt Nam–Denmark Technology Handbook.
Adjusted Power Development Plan VIII is approved

Adjusted Power Development Plan VIII is approved

The plan aims to fully meet domestic electricity demand, supporting national socio-economic development with an average annual GDP growth rate of around 10 per cent from 2026 to 2030, and 7.5 per cent from 2031 to 2050.
Trà Vinh approves investment policy for five more wind power projects

Trà Vinh approves investment policy for five more wind power projects

The Trà Vinh Provincial People’s Committee has given the green light to the investment policy for five wind power projects, for an investment total of over VNĐ13.8 trillion (US$540.6 million).
Long-term strategies need to prepare for rising power demand

Long-term strategies need to prepare for rising power demand

With Việt Nam''s electricity demand forecast to grow 10.5-13 per cent in 2025, experts urge manufacturing to adopt long-term strategies to mitigate risks from price and supply fluctuations.