return icon Vietnamnet.vn

Ministry explains cuts to capacity of renewable power plants

Low power demand coupled with oversupply of electricity at times have forced authorities to cut the capacity of renewable energy plants in order to avoid overwhelming the national grid, according to the Ministry of Industry and Trade (MoIT).

Ministry explains cuts to capacity of renewable power plants hinh anh 1

Low power demand coupled with oversupply of electricity at times have forced authorities to cut the capacity of renewable energy plants. (Photo: VNA)

 

A large amount of investments from social resources has been poured into developing renewable energy, particularly solar energy, over previous years in Vietnam, according to the ministry.

However, a boom in high-capacity renewable energy projects, mainly in central and southern Vietnam, has overloaded inter-regional transmission lines and caused oversupply at times, the ministry said in Document No 1226/BCT-DTDL sent to the National Assembly’s committees for Science, Technology and Environment, and Economic Affairs and the Office of the Government explaining its stance on the power capacity cut.

Additionally, domestic demand for power has fallen below normal levels due to the impact of COVID-19, which led to an oversupply of electricity during off-peak times such as holidays, weekends, and at noon, the ministry said.

According to the ministry, this is a very dangerous situation that adversely affects the safe operation of the national grid. Though the National Load Dispatch Centre (A0) has reduced the output of traditional energy to the minimum, the oversupply remains, so the centre had to make another cut to renewable energy capacity to prevent the electricity system from collapsing.

The ministry has ordered Vietnam Electricity (EVN) and A0 to calculate the required reduction of capacity at all renewable power plants in a transparent and fair manner, regardless of who their investors are.

The ministry added that it has received government approval onthe supplement of various power transmission line projects into planning while urging EVN to fast-track the progress of existing projects to raise the capacity of the national electricity network./. VNA

Renewable energy to become a trend

Renewable energy to become a trend

According to experts, the dominant energy technology in the future will be energy storage devices, solar panels, clean hydrogen and wind energy.

MORE NEWS

VIETNAM NEWS HEADLINES JUNE 28

Hanoi airport faces serious congestion during summer peak

Hanoi and Hoi An among Top 25 Overall Experiences in Asia

Motorbike tours around Hanoi and cooking classes in Hoi An have made it into the Top 25 Overall Experiences in Asia, as voted on by readers of TripAdvisor.

Vietnam, Hungary seal judicial cooperation deal for 2022-2023

Vietnamese Minister of Justice Le Thanh Long and his Hungarian counterpart Judit Varga on June 27 signed a cooperation programme between the two ministries for the 2022-2023 period.

India conglomerate pledges to invest 10 billion USD in Vietnam

A joint venture between India’s Adani Group and Vietnam’s Anh Phat Investment Construction & Trading JSC has been approved by authorities of Da Nang to start studying the development of a major seaport in the central city.

VIETNAM BUSINESS NEWS JUNE 28

Govt approves appointment of contractors for North-South expy project

HCM City hi-tech park to speed up investment procedures

HCM City will focus on helping businesses invest in the Saigon Hi-tech Park in Thu Duc City by addressing slow administrative procedures, a conference on facilitating investment heard on June 27.

Korea, Vietnam to mark 30th anniversary of relations with cultural events

The Korea Content Creation Agency in Vietnam will organise a series of cultural-entertainment events this year to commemorate the 30th anniversary of the establishment of diplomatic relations between the two countries.

HCM City to promote AI in education sector

HCM City will need to promote the application of Artificial Intelligence (AI) in the education sector as part of its effort to become a smart city by 2030, experts said.

Additionally-registered and share-purchased FDI soars sharply in first half of 2022

Despite newly-registered FDI dropping in the first half of the year, additionally-registered and share-purchased investments increased significantly on-year.

Vietnam joins hands with France to renovate Hanoi’s Long Bien bridge

Vietnamese and French experts will join hands to renovate Hanoi City’s deteriorating Long Bien Bridge in the coming months.

Lessons learned from urban railway projects

The urban railway projects that have been and are under construction are all behind schedule, so the total investment must be adjusted.

Prices hit record high, Vietnam earns big money from catfish

Export prices have been escalating in all markets and hitting new records in the US. Vietnam’s catfish export turnover is expected to reach $2.6 billion this year, the highest in history.

Phu Dien Cham Tower in Vietnam sets world record

The central province of Thua Thien – Hue on June 27 held a ceremony to mark WorldKings’ recognition of Phu Dien Tower built by the Cham people as a world record.

Explosive e-commerce growth drives demand for logistics

The rapid growth in e-commerce is driving an unprecedented increase in demand for logistics services, including express delivery services, according to industry insiders.

Local authorities warned of easy discipline when receiving FDI

Experts have pointed out that many localities accept small-scale foreign-invested projects which don’t have much significance to the localities, and allocate too much land to these projects.
back_to_top