vietnam power market

Update news vietnam power market

The two electricity price systems which the Ministry of Industry and Trade (MOIT) has designed will not have a big impact on most people.

Multi-billion thermal power project needs more capital

The Ministry of Industry and Trade (MOIT) has asked for ministries' opinions on solutions to problems related to the balance sheet of the Vung Ang 1 thermal-power plant.

DPPA pilot to prompt low-carbon adoption

Vietnam’s much-awaited direct power purchase agreement pilot will be an effective tool for global companies to meet their sustainability commitments, but it remains to be seen how Vietnam can meet the green energy demand from global businesses.

Power firms seek foreign funding as loans become expensive, hard to get

The quickest and most effective way to raise funding for power projects is to enter into an alliance with foreign investors, Nguyen Anh Tuan, general director of Phu Yen TTP Joint Stock Company, said.

Urgent electricity projects proceeding slowly

The problems arising during site clearance and the lockdown during the Covid-19 pandemic have led to the slow implementation of the 500KV transmission line circuit 3 project.

Electricity projects progressing slowly, Vietnam warned of power shortage

An electricity shortage did not occur in 2010-2019, but it may face a problem in 2021-2025 as a series of electricity generation projects have been going slowly.

Low price scheme disappoints rooftop solar-power developers

As of August 23, 45,299 rooftop solar power projects had become operational with total capacity of 1,029 MWp, according to the Electricidty of Vietnam (EVN).

Competitive power market still afar

There are three criteria for assessing goods and services— including prices, quality and customer service. 

VN lacks mechanisms for private investment in renewable energy

Many private enterprises said they want to invest in building renewable energy infrastructure, but Viet Nam still lacks mechanisms to encourage private enterprises to participate in this activity.


BOT thermal power projects rush to meet target

In spite of numerous difficulties, the investors of four thermal power plant projects under the build-operate-transfer (BOT) model are rushing to start operation and begin generating power for the national grid.

Reducing investment in coal-fired power plants recommended to save Vietnam's environment

LNG could replace coal in the power sector at a higher cost but would cause less pollution.


Authorities to have check-up on Vietnam Electricity’s power production costs

The Ministry of Industry and Trade (MoIT) will be checking electricity production and business costs of Vietnam Electricity (EVN) from last year.


Why is wind energy more cost-competitive in Vietnam?

Local supporting policies together with global advanced technologies will help drive down input cost for wind power projects.

Investor permitted to start survey for giant offshore wind power farm

UK based Enterprize Energy (EE) announced it had received a licence to conduct survey for a giant wind power farm offshore Ke Ga cape in the south central province of Binh Thuan.


Vietnam the market to watch in Southeast Asia

A new report launched by the Global Wind Energy Council (GWEC) has outlined Vietnam’s role as a major driver in the sector for the entire region over the next few years.