Electricity of Vietnam's (EVN) operating situation in the first 6 months of 2024 and subsequent months

The EVN’s electricity system and market management have closely followed the approved plan. The updated data of EVN show that electricity production and import of the entire system in the first 6 months of 2024 reached 151.74 billion kWh, up 12.4% over the same period in 2023. The load demand and level of the highest electricity consumption in the first 6 months of the year was all take place in June 2024.

Specifically, the largest daily electricity consumption (June 14, 2024) reached 1.02 billion kWh and the largest capacity reached 49,533 MW (June 19, 2024) - corresponding to an increase of 11.05% and 7.87% compared to the same period in the first 6 months of 2023. Output and mobilization ratio of various types of power plants throughout the system in the first 6 months of 2024 are as follows:

- Hydropower: 28.63 billion kWh (accounting for 18.9%).

- Coal thermal power: 86.34 billion kWh (accounting for 56.9%).

- Gas turbines: 13.12 billion kWh (accounting for 8.6%).

- Renewable energy: 20.73 billion kWh (accounting for 13.7%). Of which, solar power reached 13.91 billion kWh, and wind power reached 6.15 billion kWh.

- Imported electricity: 2.56 billion kWh (accounting for 1.7%).

Cumulative transmitted electricity output for the first 6 months of the year 2024 reached 121.47 billion kWh, an increase of 13.1% over the same period in 2023. In particular, the capacity and output from the South to the North are regularly high to increase for electricity supply to the North.

The EVN cumulative sale electricity output in the first 6 months of the year reached 135.64 billion kWh, up 14.3% over the same period. In particular, the electricity growth rate of some typical components is as follows:

- Electricity for daily use increased by 16.07%.

- Electricity for industry and construction increased by 12.8%.

- Electricity for commerce and services increased by 16.58%.

- Electricity for agriculture increased by 14.02%...

In the first 6 months of 2024, EVN has also organized high-level operations of the Hoa Binh, Thac Ba, and Tuyen Quang Hydropower plants to supplement water sources as required by the Ministry of Agriculture and Rural Development, while also preserving water sources. Ensuring electricity supply for pumping stations and in-field pumps operating to serve rice cultivation in the Winter-Spring crop of 2023-2024 for the Midlands and Northern Delta provinces. The total amount of water discharged from hydropower reservoirs was 2.78 billion m3, saving 0.72 billion m3 of water compared to the expected plan.

Regarding business and customer service: In the first 6 months of 2024, with an evaluation score of 74.76/100 points, EVN was the leading unit among 21 ministries and agencies providing online services to serve the people and businesses on the National Public Service Portal (National Public Service Portal) with 12 services (payment services. amount of electricity transmission from the Central region, 11 online electricity services level 4 - the highest level of electron -Government).

The assessment is based on real-time data on the National Service Portal, according to 5 groups of indicators including:

- Transparency.

- Progress and results of resolution.

- Digitize records.

- Providing online services.

- Level of satisfaction.

The construction investment work: In the first 6 months of 2024, positive results have been achieved with investment volume increasing by 35% compared to the same period in 2023.

The key power plant projects are being constructed closely to the 2024 plan target. For the expanded Ialy Hydropower project, many construction items are ahead of schedule with the expected to generate 2 power units by the end of 2024. The Phuoc Thai 2 and 3 solar power projects also strive to complete power generation for both plants in the third quarter of 2024...

Regarding the power grid, in the first 6 months of 2024, EVN and its units have started 47 projects and completed energizing and putting into operation 57 power grid projects from 110 kV to 500 kV.

In particular, EVN and its units have focused their best efforts on all solutions to deploy the construction of the 500 kV circuit 3 lines (Quang Trach - Pho Noi) to strive to achieve progress according to the direction of the Prime Minister.

Currently, important component projects have been energized such as Thanh Hoa 500 kV transformer station; Nam Dinh 1 - Thanh Hoa 500 kV line and 2 expansion and installation items 500 kV resistance at 500 kV Pho Noi transformer stations and 500kV distribution yard of Quang Trach Thermal Power Plant.

Currently, EVN continues to direct EVNNPT and units to mobilize all forces to construct the remaining volume and complete technical inspection and acceptance procedures.

In addition to the 500 kV circuit 3 line project, EVN and its units have energized and put into operation the 220 kV Nha Trang - Thap Cham line (2 circuits) and the 220 kV transformer stations Vinh Hao, Vinh Chau, Pho Cao and completed increasing the capacity of the 220kV Thai Thuy transformer station...

Some of EVN's tasks in July 2024:

The implementation of the plan in July and the last 6 months of 2024 is forecast to continue to face many difficulties, affecting the results of production, business activities and the financial situation of EVN and its units. Specifically, ensuring electricity supply in the context of increased load demand and the rainy and stormy seasons in the Northern and Central regions; Ensuring financial balance continues to be greatly influenced by input factors (such as fuel prices, and exchange rates...).

In July 2024, it is forecast that extreme heat may still occur in the North. The maximum capacity of the entire system can be over 52,000 MW, but in the North alone it can be over 27,000 MW. The average daily electricity consumption of the entire system is expected to be about 920.5 million kWh/day, an increase of 10.15% over the same period in 2023.

To be proactive in ensuring a stable, safe and reliable electricity supply for the national electricity system, EVN directs all units to continue to strictly implement Official Telegram 38/CD-TTg dated April 15, 2024, and the directions of the Prime Minister, the Ministry of Industry and Trade, and the Committee for Management of State Capital at Enterprises. In there:

1. Continue to closely monitor developments in meteorology, hydrology, fuel situation, generator set availability and load growth to promptly update and adjust appropriate operating methods. Ensure stable, safe and reliable system operation.

Optimal mobilization of power plants, combined with maximum transmission enhancement from the Central Region to the North Region.

.Although optimally mobilizing hydropower to economically operate the national power system, but to still closely monitors the water situation in each hydropower reservoir, calculating and updating daily operating methods to effectively use water resources, while ensuring the goal of storing water to normal water levels by the end of 2024 to prepare for supply in the 2025 dry season. At the same time, ensuring no decrease in the available capacity of hydropower plants, to meet load demand.

2. The Power corporations and power companies continue to closely follow the local socio-economic development situation to analyze the structure of load components and forecast electricity demand to develop plans. Monthly and quarterly electricity supply. Continue to implement Directive No. 20 on propagandizing and implementing electricity saving.

3. The Power generation corporations and power plants focus on monitoring coal supply, preparing backup plans, ensuring enough fuel for electricity production and maintaining reserve inventory levels according to regulations. Continue to coordinate closely with PVN, Vinacomin, the Northeast Coal Corporation and investors of other power plants to ensure sufficient fuel supply for the production of electricity according to system needs.

Strengthen inspection and supervision of power plants, especially coal-fired power plants in the North to ensure availability and reliability of generating units.

4. The National Power Transmission Corporation proactively reviews, fixes and prevents power grid incidents, improves reliability and reduces power loss. Strengthen supervision and compliance with operational discipline.

5. The units strictly comply with the EVN instructions on natural disaster prevention and search and rescue. Be ready with plans to prevent storms and floods, ensure the safety of dams and hydropower projects, and ensure safety for downstream areas during this year's rainy season, which is forecast to have many unusual storms and floods.

Regarding construction investment: In July 2024, EVN continues to urge units to concentrate forces at construction sites, speeding up the construction progress of key power plants and grid projects. Detail:

1, Concentrate all resources, coordinate with relevant parties to construct the remaining volume and complete the entire project of 500 kV circuit 3 line (from Quang Trach to Pho Noi) according to the direction of the Prime Minister

2, For power grid projects under construction to connect power plants, clear hydropower plants and import electricity: Focus on working with localities to resolve problems in compensation and release clearance, and at the same time urge contractors to speed up progress.

3. Supplying electricity from the national grid to Con Dao district: Accelerating investment preparation progress to start the project in 2024.

To ensure electricity for economic development and people's lives in all situations, EVN hopes to continue to receive the sharing and positive coordinated actions of people and electricity customers through thorough use of electricity economically, especially during peak hours at noon (from 11:00 a.m. to 3:00 p.m.) and evening (from 7:00 p.m. to 11:00 p.m.). In particular, pay special attention to the reasonable use of air conditioning. Only turn on the air conditioner with necessary, and set the temperature at 26-27 degrees Celsius or higher; At the same time, pay attention not to use many high-capacity electrical devices during peak hours. Thoroughly using electricity economically also minimizes the risk of electrical incidents and limits high electricity bills.