Rivers, reservoirs near depletion, electricity shortage anticipated

Vietnam's most important hydropower reservoirs are lacking a total of 11 billion cubic meters of water compared to normal levels.

EVN (Electricity of Vietnam) general director Tran Dinh Nhan on December 10 sent a document to the Ministries of Natural Resources and the Environment (MONRE), Agriculture and Rural Development (MARD), and Industry and Trade (MOIT) informing them that the power industry is facing its most difficult situation in history.

Rivers, reservoirs near depletion, electricity shortage anticipated



According to EVN, with the current drought situation and the shortage of water in the reservoirs in the Red River basin (7.2 billion cubic meters), and the forecast for continued drought in the last months of 2019 and early 2020, the water supply for the winter-spring crop and the remaining months in the dry season will face difficulties.

If discharging water to serve agriculture production as requested, the total volume of water from hydropower reservoirs in three spells of discharge would be 4.3 billion cubic meters.

After the discharge, the water level at Hoa Binh Reservoir would decrease from 102.5 meters to 84.46 meters, or just 4.46 meters above the dead water level.

With the remaining capacity in the reservoir of about 501 million cubic meters (equivalent to 8.3 percent of useful capacity), this is extremely worrying.

According to EVN, with the current drought situation and the shortage of water in the reservoirs in the Red River basin (7.2 billion cubic meters), and the forecast for continued drought in the last months of 2019 and early 2020, the water supply for the winter-spring crop and the remaining months in the dry season will face difficulties.

At Thac Ba Reservoir, the water level after the discharging would fall from 53.6 meters to 49.83 meters, or 3.83 meters above the dead water level. With the remaining capacity of 396 million cubic meters, or 18.3 percent of useful capacity, the plant would be able to operate for several days.

 


The same situation is predicted for Tuyen Quang hydropower plant with the water level expected to reduce from 116.5 meters to 93.56 meters.

Since it is necessary to rise the water level for Hoa Binh Reservoir and supply water for the lower course area, Son La Hydropower water level will reduce to the dead water level in mid-May. Then, Hoa Binh Reservoir (1920 MW) will no longer be able to fulfill both the tasks.

The electricity shortage in May 2020 is predicted at 100 million kwh and the situation is even more serious with the forecast shortage of 300 million kwh.

In order to avoid the scenario of the largest reservoirs in the north having to stop operation because of the lack of water, EVN has prosed that MONRE maintain the water levels at Hoa Binh, Tuyen Quang and Thac Ba Reservoirs at levels lower than stipulated in the regulation on inter-reservoir operation in the Red River basin.

By the end of 2019, EVN had to use 1.45 billion kwh of electricity from oil-run power generation sources which have high production costs of VND5,000-6,000 per kwh. 

Luong Bang

Wind power key to Vietnam’s renewable power supply: experts

Wind power key to Vietnam’s renewable power supply: experts

Wind power is a clean energy solution for Vietnam in the coming years as the country has huge potential in the field, energy experts has said.

VN Trade Ministry orders halt to new solar power projects

VN Trade Ministry orders halt to new solar power projects

The Ministry of Industry and Trade has told the authorities of cities and provinces and Vietnam Electricity Group (EVN) to stop proposing solar power projects under the feed-in tariff (FIT) program until a new decision is issued.  

 
 

Other News

.
Vietnam factory activity dips in July as Covid-19 impacts grow
Vietnam factory activity dips in July as Covid-19 impacts grow
BUSINESSicon  03/08/2020 

Despite a drop in output in July, firms remained confident in the 12-month outlook for production.

Vietnamese startups bag millions of US dollars despite COVID-19 pandemic
Vietnamese startups bag millions of US dollars despite COVID-19 pandemic
BUSINESSicon  03/08/2020 

A slew of Vietnamese startups managed to secure millions of US dollars even in the midst of the rapidly escalating COVID-19 pandemic.

Aligning with trade remedy principles
Aligning with trade remedy principles
BUSINESSicon  03/08/2020 

The EU-Vietnam Free Agreement (EVFTA) is a giant leap for Vietnam in international integration.

Electricity of Vietnam suggests not to extend deadline for wind farm FiT
Electricity of Vietnam suggests not to extend deadline for wind farm FiT
BUSINESSicon  03/08/2020 

In order to ensure transparency and stability in the selling price of wind power, EVN opposes the Ministry of Industry and Trade's proposal to extend the deadline on the current feed-in tariff (FiT) scheme for wind power projects

Ministry seeks to further open petroleum retail market
Ministry seeks to further open petroleum retail market
BUSINESSicon  03/08/2020 

The Ministry of Industry and Trade has called for allowing all foreign investors to further participate in the petroleum retail market.

Shares to correct on worries of virus surge
Shares to correct on worries of virus surge
BUSINESSicon  03/08/2020 

 Vietnamese shares may continue to fall this week as a spike in fresh coronavirus cases fuelled concerns that the path to economic recovery could be hindered.

Vietnam fulfills international commitments as EVFTA takes effect
Vietnam fulfills international commitments as EVFTA takes effect
BUSINESSicon  03/08/2020 

Vietnam will continue to fulfill its international commitments so that it can take full advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and recover its economy amid a resurgence of COVID-19 pandemic.

Vietjet reports loss of over VND2.1 trillion for H1
Vietjet reports loss of over VND2.1 trillion for H1
BUSINESSicon  03/08/2020 

Vietjet Aviation Joint Stock Company has reported a loss of over VND2.11 trillion (approx. US$90.5 million) in air transportation business in the first half of this year.

F&B firms prepare for possible second round of social distancing
F&B firms prepare for possible second round of social distancing
BUSINESSicon  03/08/2020 

Though local F&B businesses don't want social distancing to return in August, the experiences they had in April are helping them prepare.

Vietnam Airlines, ACV suffer heavy losses due to COVID-19
Vietnam Airlines, ACV suffer heavy losses due to COVID-19
BUSINESSicon  03/08/2020 

The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.

Economic growth projected to reach about 7 percent in 2021
Economic growth projected to reach about 7 percent in 2021
BUSINESSicon  03/08/2020 

Prime Minister Nguyen Xuan Phuc has issued a directive on the building of plans for socio-economic development and State budget estimate for 2021, with a target of about 7 percent of economic growth for the year.

Enterprises in industrial parks urged to use hi-tech equipment
Enterprises in industrial parks urged to use hi-tech equipment
BUSINESSicon  03/08/2020 

 Enterprises in export processing zones (EPZs) and industrial parks (IPs) should use high technologies to better manage manufacturing processes and improve product quality.

Vietnam emerges as popular industrial property destination: CBRE
Vietnam emerges as popular industrial property destination: CBRE
BUSINESSicon  03/08/2020 

Vietnam has emerged as a popular destination for industrial property projects as increased labour costs, trade disputes and COVID-19 prompt global manufacturers to vary their supply chains throughout Asia, according to CBRE.

Condotel market faces gloomy prospects
Condotel market faces gloomy prospects
BUSINESSicon  02/08/2020 

 The condotel market has faced a gloomy period due to low absorption rate while inventory has been on the rise, experts said.

Ministry of Construction eyes building low-cost housing
Ministry of Construction eyes building low-cost housing
BUSINESSicon  03/08/2020 

 The Ministry of Construction (MoC) is completing a draft resolution to encourage the development of low-cost commercial apartments to submit to the Government in the third quarter of this year.

Businesses in Hanoi’s Old Quarter shutdown amid COVID-19 fears
Businesses in Hanoi’s Old Quarter shutdown amid COVID-19 fears
BUSINESSicon  02/08/2020 

The Hanoi People's Committee has moved to require all shops throughout Hanoi’s Old Quarter to close as of midnight on August 1 due to fears regarding recent developments relating to COVID-19 epidemic.

Reality and vision for industrial zones
Reality and vision for industrial zones
BUSINESSicon  02/08/2020 

The media have recently featured industrial properties, especially industrial land, as a potential area to attract investment.

Vietnam to develop night-time economy
Vietnam to develop night-time economy
BUSINESSicon  02/08/2020 

Prime Minister Nguyen Xuan Phuc has approved a project to develop the night-time economy in Viet Nam to allow some activities to run overnight until 6am of the next day in some major tourism cities and zones.

Transport service operators begin installing yellow number plates from today
Transport service operators begin installing yellow number plates from today
BUSINESSicon  02/08/2020 

Vehicles that have registered for transport services have started installing yellow number plates with black letters and numbers from today, August 1, instead of the current white plates.

Vietnam needs full market economy: experts
Vietnam needs full market economy: experts
BUSINESSicon  02/08/2020 

 Economists have said Viet Nam would gain many benefits from a full and modern market economy.

 
 
 
Leave your comment on an article

OR QUICK LOGIN