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Vietnam and Australia signed a MoU to cooperate in developing a competitive electricity market
08:15 | 24/04/2024
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
09:22 | 30/12/2022
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.