Provide enough electricity for socio-economic development
According to EVN, in 2023, despite facing many domestic difficulties and challenges in global energy security, the group still achieved and exceeded many production and business targets. Specifically, the group's total commercial electricity output is estimated at 251.25 billion kWh, up 3.52% compared to 2022; electricity sales revenue is estimated at VND 497,000 billion, up 5.4% compared to 2022; the budget contribution is estimated at VND 21,000 billion.
In 2023, EVN's total power loss will be 6.15%, down 0.1% compared to 2022. Power supply reliability continues to improve, with the SAIDI index (average power outage time per customer per year) decreasing to 242 minutes, 24% and down 25 minutes compared to 2022; the number of grid incidents will decrease by 6.7% compared to 2022.
EVN is implementing many solutions to ensure electricity supply in 2024.
Also according to EVN, in order to well perform the assigned political tasks, the group has developed a plan for 2024 with the requirement of ensuring sufficient electricity supply for the country's socio-economic development with a GDP growth target of 6 - 6.5%; at the same time, ensuring financial balance so that EVN's production, business and investment activities can develop sustainably.
EVN sets specific targets: annual commercial electricity from 262.26 - 269.3 billion kWh; the rate of electricity used for transmission and distribution does not exceed 6.05%. Power supply reliability, SAIDI index is 304 minutes; strive for labor productivity to increase by over 8%; disburse investment of 101,911 billion VND; ensure financial balance, preserve and develop state capital.
Proactively forecast consumption demand
Sharing at the ceremony to summarize the work of 2023 and deploy tasks and plans for 2024 held on January 2, Chairman of the Board of Members (BOM) of EVN Dang Hoang An said that ensuring electricity supply and financial balance are key tasks in 2024.
Mr. Dang Hoang An said that ensuring electricity supply is still a "difficult task" when currently the active power source capacity of EVN is more than 37%, plus 8% of Vietnam Oil and Gas Group (PVN), 2% of Vietnam National Coal - Mineral Industries Group (TKV) is less than 48%. Meanwhile, the remaining 52% of capacity is dependent on outside enterprises, and suggested that the Ministry of Industry and Trade continue to closely direct. On the EVN side, Mr. Dang Hoang An affirmed: "97,000 cadres, workers and employees of EVN will strive with the highest responsibility for the task of ensuring electricity supply to serve socio-economic development".
Also according to EVN, to ensure fuel supply for electricity production in the coming years, EVN and TKV, Dong Bac Corporation have signed a long-term cooperation agreement on coal supply for EVN's thermal power plants. In addition, EVN is negotiating with PVN/PVGas to sign a framework agreement on gas supply for EVN and EVNGENCO3 power plants, and at the same time complete related contracts (GSA, PPA) for LNG supplementation, so that if necessary, LNG fuel can be immediately mobilized to meet enough gas for electricity generation.
EVN will also be proactive in forecasting electricity demand, closely monitoring developments in electricity demand this year to coordinate in developing plans to operate the national, regional and local power systems, ensuring optimal electricity supply.
With the task of balancing finances, the Chairman of the Board of Directors of EVN noted that while waiting for the policy on average retail electricity prices to be resolved, the units must practice saving internally. "We must save from the time of purchasing electricity, from the cost of operating the system, the electricity market to the process of negotiating electricity purchase and sale, saving on distribution costs, saving on purchasing, investing in construction and borrowing capital... This is a mandatory solution. EVN has practiced saving for many years but now it must be pushed to a new level," Mr. An emphasized.
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