Decree No. 80/2024/ND-CP stipulates that direct electricity trading is the activity of buying, selling and receiving electricity carried out through 2 forms:
Direct electricity trading via private connection lines is the activity of signing electricity trading contracts and delivering electricity via private connection lines between renewable energy power generation units and large electricity users according to regulations.
Direct electricity trading through the national grid is the trading of electricity through a term contract between a renewable energy power generation unit and a large electricity user (or an electricity retailer in authorized regional and cluster models) and the trading of electricity is carried out in accordance with regulations. This form includes:
First, the renewable energy generator sells all the electricity produced into the spot electricity market of the competitive wholesale electricity market.
Second, large electricity customers or electricity retailers in authorized regional and cluster models sign electricity purchase contracts with the Electricity Corporation (or authorized/decentralized units) to purchase all electricity to meet their needs.
Third, renewable energy generators and large electricity users or electricity retailers in regional and cluster models are authorized to buy and sell electricity through term contracts.
Regarding the form of direct electricity trading through separate connection lines, the Decree stipulates that renewable energy power generation units and large electricity users conduct direct electricity trading through separate connection lines according to the following principles:
- Electricity purchase and sale contracts between renewable energy generators and large electricity users in the case of direct electricity purchase and sale through private connection lines agreed upon by both parties in accordance with the provisions of Article 22 of the Electricity Law and relevant legal documents.
Including the following main contents: Contract subject; purpose of use; service standards and quality; rights and obligations of the parties; electricity price, payment method and term; conditions for contract termination; liability for breach of contract; term of contract; responsibility for investment, construction, management and operation of the Private Connection Line; other contents agreed upon by the two parties.
- The electricity selling price is agreed upon by the two parties, except for the case specified in Clause 4, Article 6 of this Decree.
Renewable energy power generation units negotiate, agree and sign electricity purchase and sale contracts on capacity, output and price for surplus electricity output with Vietnam Electricity Group (or authorized unit) according to regulations.
In addition to the direct electricity trading activities via separate connection lines specified above, large electricity customers are allowed to trade electricity with the Electricity Corporation (or electricity retailers other than the Electricity Corporation) according to regulations.
Regarding the form of direct electricity trading through the national grid, the Decree also clearly stipulates the sale of electricity by renewable energy generators through the spot electricity market and the purchase and sale of electricity with the Electricity Corporation.
According to regulations, the spot electricity market price is the total electricity market price formed according to each trading cycle of the spot electricity market and is determined by the sum of the market electricity price and the market capacity price.
In which, market electricity price and market capacity price are determined according to the Regulations on operating the competitive wholesale electricity market issued by the Ministry of Industry and Trade.
Source: https://laodong.vn/kinh-doanh/chinh-thuc-co-2-hinh-thuc-mua-ban-dien-truc-tiep-1361269.ldo
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