RSS Feeds for competitive electricity market November 16, 2024 16:27
Vietnam Energy Forum
Vietnam and Australia signed a MoU to cooperate in developing a competitive electricity market

Vietnam and Australia signed a MoU to cooperate in developing a competitive electricity market

In Hanoi, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan had a meeting with the Australian Deputy Minister in charge of Climate Change and Energy - Jenny McAllister. At the meeting, the two sides witnessed the signing ceremony of the "Memorandum of Understanding on Cooperation to promote the development of a competitive electricity market" between the Electricity Regulatory Authority and the Australian Embassy in Vietnam.
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.