Ensuring enough electricity for the peak heat wave in 2024

Very high electricity consumption

Electricity consumption demand in the dry season (May - July) is forecast to grow very high (up to 13%, much higher than the plan of about 9.6%), with the North alone expected to increase by a record 17% compared to the same period in 2023.

According to the Ministry of Industry and Trade, in the context of unfavorable hydrological developments in the first three months of the year, in order to achieve the goal of maximizing water savings in hydroelectric reservoirs, thermal power sources, especially coal-fired thermal power, have been highly mobilized to meet load demand; at the same time, increasing electricity transmission from the South and Central regions to the North.

The Ministry of Industry and Trade affirmed that the electricity supply for 2024 will be basically guaranteed. In the coming years, after the 500 kV line 3 Quang Trach - Pho Noi comes into operation with all necessary technical conditions, the Northern power system will be supplemented and increased in capacity from the Central and Southern regions.

Thủ tướng Phạm Minh Chính chủ trì cuộc họp của Thường trực Chính phủ — Prime Minister Pham Minh Chinh chairs the meeting of the Government Standing Committee.

However, with the proportion of hydropower sources accounting for more than 32%, the supply and demand within the Northern region will sometimes be unbalanced in case the hydrological situation is affected by climate change or incidents of coal-fired thermal power plants. Therefore, the early addition of new power sources, especially baseload power sources for the North, is extremely necessary...

At the meeting, corporations and groups in the oil, gas and coal sectors pledged to ensure adequate fuel supply for electricity production. In particular, the Coal and Minerals Group plans to supply about 42 million tons of coal for electricity production in 2024, an increase of about 1.735 million tons compared to the chart of the Ministry of Industry and Trade...

EVN said that in the first quarter of 2024, it mobilized maximum coal and gas thermal power sources (exceeding the plan by 1.98 billion kWh), while hydropower plants were mobilized according to the water situation to retain water for the peak months of the dry season. The electricity output corresponding to the amount of water stored in the reservoirs by the end of the first quarter was 11.3 billion kWh, 1.5 billion kWh higher than the plan. Large hydropower reservoirs in the North such as Son La, Hoa Binh, and Lai Chau still maintain high water levels.

No power shortage under any circumstances

In his concluding remarks, Prime Minister Pham Minh Chinh emphasized that the goal is to avoid power shortages for production, business and consumption under any circumstances, especially due to subjective reasons from management. Therefore, it is necessary to develop response plans for all situations, including the worst.

There must be no shortage of electricity for production, business, or consumption under any circumstances, especially due to subjective reasons from management. Therefore, it is necessary to develop response plans for all situations, including the worst.

Prime Minister Pham Minh Chinh

"People and businesses should not worry about electricity," the Prime Minister stated. Accordingly, it is necessary to calculate to ensure electricity sources for all regions, paying attention to peak months in the North (May, June, July, especially the expected load increase in June of about 2,500 MW); diversifying electricity sources, reviewing all sources that can be mobilized, and promoting large electricity sources.

To ensure fuel (coal, water, oil, gas) for electricity production, coal-fired thermal power plants purchase maximum domestically produced coal, minimizing the purchase of imported coal. The Ministry of Agriculture and Rural Development coordinates with agencies to operate hydroelectric reservoirs economically, maintaining the highest possible water level to meet peak months...

Regarding power transmission, the Prime Minister requested that the 500 kV line 3 be completed first, each stage reviewed, progress ensured, and completion must be completed before June 30; provincial leaders must strengthen inspection, urge, and encourage cadres and workers at the construction site to work through holidays.

Regarding electricity prices, the Prime Minister requested agencies and units to implement according to regulations and authority, with a suitable roadmap...

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