Ten groups of solutions to implement Resolution 70 on national energy security

Regarding Resolution 70 on ensuring national energy security by 2030, with a vision to 2045, the General Secretary emphasized the requirement to implement the 10 key solution groups immediately.

According to the General Secretary, the core goal is to build a safe, stable, reliable energy system; fully meet the needs of production and life; develop in the direction of green, low emissions; operate intelligently on a digital platform; reasonable and transparent costs.

From now to 2030, we strive to reserve at least 15% capacity, significantly reduce power loss, increase the proportion of clean energy according to the plan, and build a competitive and transparent electricity market mechanism with a solid roadmap.

General Secretary To Lam requested the immediate implementation of the contents of the four Resolutions (59, 70, 71, 72) at all levels. Photo: VGP/Nhat Bac.

Ten groups of key solutions include:

1. Balancing supply and demand by region; updating the synchronous planning of sources and grids; finalizing the list of key projects.

2. Strong investment in transmission and storage, especially 500 kV lines, smart grids and energy storage pilots at node points.

3. Diversification of capital sources: public-private partnerships, green bonds, power purchase agreements with reasonable risk allocation mechanisms; Apply billing according to available capacity for flexible sources.

4. Develop a competitive electricity market according to the roadmap; standardize the long-term reference price mechanism; improve transparency.

5. Diversify fuels, especially LNG, with warehouse reserves, pipelines, and long-term contracts; at the same time, ensure strategic coal and gas reserves.

6. Promote energy efficiency and demand management; apply electricity prices according to the time of use; compulsory saving with large loads.

7. Developing renewable energy according to "system thinking": competitive bidding, synchronous planning of sources - grids - storage, fair sharing of connection costs.

8. Protecting vulnerable populations and securing electricity for the platform industry through targeted, time-limited support packages, and transparency of compensation sources.

9. Promoting digital transformation of the electricity sector: telemetry, real-time data, load forecasting by artificial intelligence; ensuring cybersecurity.

10. Human resource development and localization: training of system engineers, development of domestic supporting industries.

The General Secretary also emphasized the need for institutional reform, facilitating the attraction of social resources, especially the private economy, to invest in renewable energy, electricity transmission and distribution. Energy development must be in line with the socialist-oriented market economy institution, associated with progress, social justice, social security, national defense and security and environmental protection, towards the goal of sustainable development and the realization of the Net Zero commitment by 2050./.