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Vietnam Energy Forum

The new framework on average retail electricity price

The new framework on average retail electricity price
The Prime Minister has just issued a decision on the average retail electricity price(excluding value-added tax) as follows: The minimum average retail price of electricity is 1,826.22 VND/kWh; The maximum average retail price of electricity is VND 2,444.09/kWh (Decision No: 02/2023, dated February 3, 2023).
EVN digital transformation: operational efficiency improvement, better customer service

EVN digital transformation: operational efficiency improvement, better customer service

Implementing the "National Digital Transformation Program to 2025, with orientation to 2030" of the Government, EVN has clearly demonstrated the pioneering role of state-owned enterprises, actively transforming the thinking and ways, taking advantage of the power of digital technology to improve operational efficiency, and serving customers better.
EVN’s construction investment situation in 2022

EVN’s construction investment situation in 2022

It can be affirmed that 2022 is a relatively successful year in the construction investment of Vietnam Electricity (EVN).
EVN's announcement on the prices of the rooftop solar power projects in 2023

EVN's announcement on the prices of the rooftop solar power projects in 2023

The Electricity of Vietnam (EVN) has just issued the announcement No 148 EVN-KD-TCKT dated January 10, 2023, to the Electricity Corporations, Electricity Telecommunications, and Information Technology Companies about the purchase prices of the rooftop solar power projects in 2023 as follows:
The regulations on inspecting electricity activities and solving disputes in trading electricity

The regulations on inspecting electricity activities and solving disputes in trading electricity

The Ministry of Industry and Trade (MOIT) has just issued Circular No. 42/2022/TT-BCT stipulating the inspecting the electricity activities and electricity use and solving the disputes in the trading electricity contracts. The Circular clearly stipulates the competence and sequence of the Electricity Regulatory Authority (MOIT) and provincial Departments of Industry and Trade for solving disputes in trading electricity contracts (The Circular takes effect from February 16, 2023).
Approving the plan for 'electricity supply and operation of the national power system' in 2023

Approving the plan for 'electricity supply and operation of the national power system' in 2023

Considering proposals of the Electricity of Vietnam (EVN) on supplementing the electricity system operation plan in 2023 and according to the proposal of the Electricity Regulatory Authority, the Ministry of Industry and Trade has just approved the "plan for electricity supply and operation of the national power system in 2023”. The Vietnam Energy Magazine would like to raise the content of this Decision for the reference of our readers.
There are 108 power plants participating in offering in the competitive electricity market in Vietnam

There are 108 power plants participating in offering in the competitive electricity market in Vietnam

The Electricity Regulatory Authority - Ministry of Industry and Trade informed that, by the end of December 2022, there are 108 power plants directly participating in offering in the competitive electricity market, with a total installed capacity of 30,837 MW, equal to about 38.8% of the total capacity of the national power system. The competitive nature in the electricity wholesale market of Vietnam has gradually expanded in scale.
EPTC signed a contract for buying 184.52 billion kWh in 2023

EPTC signed a contract for buying 184.52 billion kWh in 2023

According to the Electricity Power Trading Company (EPTC), the electricity generation that EPTC will buy from the power plants having contracts with this unit in 2023 is 184.52 billion kWh and the electricity generation will sell to the power corporations as 252.76 billion kWh.
Accepting for operating the longest sea-crossing power transmission line in Southeast Asia

Accepting for operating the longest sea-crossing power transmission line in Southeast Asia

As well known, the Kien Binh - Phu Quoc 220kV transmission line a longest sea-crossing line in Southeast Asia was technically energized in mid-October 2022. Currently, the project is completing the procedures to hand over to Power Transmission Company 4 under the National Power Transmission Corporation (NPTC) for managing and operating.
EVN has completed a framework for electricity prices of the  transitional solar and wind power projects

EVN has completed a framework for electricity prices of the transitional solar and wind power projects

The Electricity of Vietnam (EVN) has just sent a document to the Ministry of Industry and Trade and the Electricity Regulatory Authority on establishing a framework for electricity prices of transitional solar and wind power projects.
Agreeing to allow power plants using Block B gas to 'indirectly' participate in the electricity market

Agreeing to allow power plants using Block B gas to 'indirectly' participate in the electricity market

On the proposal of the Vietnam Oil and Gas Group (PVN) and the Electricity of Vietnam (EVN), the Ministry of Industry and Trade (MOIT) has agreed that the thermal power plants using Block B gas will indirectly participate in the electricity market under the regulations of Circular No. 45 of MOIT Minister.
EVN is the third place in the Top 500 largest enterprises in Vietnam in 2022

EVN is the third place in the Top 500 largest enterprises in Vietnam in 2022

On November 15, Vietnam Report Joint Stock Company (Vietnam Report) in cooperation with Vietnam Net Electronic Paper announced the list and rank of the 500 largest enterprises in Vietnam in 2022, in which, the Electricity of Vietnam (EVN) occupied the third place in top 500 largest enterprises in Vietnam (VNR500).
Sembcorp and PTSC cooperate in developing energy infrastructure in Vietnam

Sembcorp and PTSC cooperate in developing energy infrastructure in Vietnam

The Vietnam Oil and Gas Group (PVN) informed that the PVN mission headed by Mr. Nguyen Hung Dung – Member of the PVN Member Council visited and worked at Sembcorp Group (Singapore) and during the visit, Sembcorp Corporation and PetroVietnam Joint -Stock Technical Services Corporation (PTSC) signed a memorandum of understanding (MOU) on renewable energy development, cross-border electricity trading, low carbon solutions (as hydrogen, ammonia), energy storage systems, smart grids and support/participation in developing LNG infrastructure in Vietnam.
The electricity output of Vietnam's power system in 10 months of 2022 increased by 6.1% in comparison with the same period in 2021

The electricity output of Vietnam's power system in 10 months of 2022 increased by 6.1% in comparison with the same period in 2021

The Electricity of Vietnam (EVN) informed that the electricity output of Vietnam's power system in October 2022 reached 21.9 billion kWh and in 10 months of 2022 achieved 225.98 billion kWh, increasing 6.1% over the same period.
Issuing business registration certificate for Quang Ninh LNG Power Company

Issuing business registration certificate for Quang Ninh LNG Power Company

The Department of Planning and Investment of Quang Ninh province has officially issued the Business Registration Certificate for Quang Ninh LNG Power Joint Stock Company, (QN LNG Power).
EVN and EDC discuss a plan for energy exchange between Cambodia – Vietnam

EVN and EDC discuss a plan for energy exchange between Cambodia – Vietnam

Mr. Tran Dinh Nhan - General Director and the mission of Electricity of Vietnam (EVN) just had a working meeting at the Electricity of Cambodia (EDC) in Phnom Penh. At the meeting, the two sides discussed the plan for the expansion of electricity trading cooperation between Vietnam and Cambodia in the coming time.
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