Every year, electricity demand increases by at least 10%
On the morning of October 19, at the Government headquarters, Prime Minister Pham Minh Chinh chaired a meeting of the Government Standing Committee with ministries and branches on the implementation of important projects of the Oil and Gas Group and Vietnam Electricity Group to ensure adequate electricity supply and national energy security.
The Prime Minister requested that there must be absolutely no power shortage until 2025 (Photo: VGP/Nhat Bac).
Attending the meeting were Deputy Prime Ministers Tran Hong Ha, Le Thanh Long, Ho Duc Phoc; leaders of relevant central ministries and branches; leaders of economic groups in the energy sector.
On the same day, in the Central region, Permanent Deputy Prime Minister Nguyen Hoa Binh will chair a conference with leaders of several central ministries and branches, and leaders of several localities on the production, consumption, and implementation of renewable energy projects, and the removal of difficulties and obstacles for renewable energy projects.
According to Vietnam Electricity (EVN), with the Government's drastic directions and early, remote solutions, electricity supply in 2025 will still be basically met. However, there are still potential risks in the Northern region during the peak of the late dry season if electricity demand suddenly increases.
At the meeting, leaders of the Government, ministries and branches discussed and analyzed the situation of electricity production and import; electricity demand; reviewed the electricity supply capacity of hydropower, thermal power, wind power, solar power plants;...
Concluding the meeting, Prime Minister Pham Minh Chinh stated that, in keeping with the commitment made to ensure electricity supply, up to this point, we can affirm that there will be no electricity shortage in 2024 even though consumption will increase by about 11-13% compared to 2023.
Ensuring sufficient electricity is crucial to attracting FDI in the context of a global investment slowdown. In the first nine months of the year, Vietnam disbursed $17 billion in FDI, the highest in many years.
Absolutely no power shortage in 2025
Regarding 2025, according to reports, with electricity demand increasing by about 12-13%, it is necessary to increase by about 2,200-2,500MW of capacity. The Prime Minister said that this is not a big problem and requested that there must be no power shortage in 2025.
Accordingly, urgently and effectively implement the Decree on direct electricity purchase and sale mechanism issued by the Government.
The Prime Minister directed that today (October 19) a Decree on mechanisms and policies to encourage the development of rooftop solar power must be issued (Photo: VGP/Nhat Bac).
A Decree on mechanisms and policies to encourage the development of rooftop solar power must be issued today (October 19).
The Prime Minister requested to ensure sufficient fuel (coal, gas) for electricity production according to system demand; including promoting domestic coal exploitation with a long-term plan, while studying the import of coal from Laos, reducing imports from other sources.
"Measures to import electricity from Laos and China, and power transmission lines from Laos and China must be completed quickly, of which the 500kV Lao Cai - Vinh Yen line must be completed within 6 months, and the 220kV Nam Sum - Nong Cong line must be completed in 2024," the Prime Minister emphasized.
He requested the Ministry of Industry and Trade to urgently continue to complete the draft Electricity Law (amended) to submit to the National Assembly at the 8th session and amend related circulars.
In particular, the amendment of the Electricity Law is in the direction of both strict management and creating space for development, innovation, promoting decentralization, eliminating requests, bureaucracy and subsidies, reducing administrative procedures, and reducing compliance costs.
For the period 2026-2030, the Prime Minister requested the Ministry of Industry and Trade, the State Capital Management Committee at enterprises, corporations and general companies to base on the estimated increase in electricity demand of about 12-14% to develop and implement scenarios on power sources, power loads, power distribution, economical and efficient use of electricity and appropriate electricity prices, with the goal of not having power shortages under any circumstances.
Source: https://www.baogiaothong.vn/thu-tuong-ngay-trong-ngay-19-10-phai-ban-hanh-nghi-dinh-ve-dien-mat-troi-mai-nha-192241019152512623.htm
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