Vietnam’s Pleikrông and Sê San 3 hydropower plants officially enter the competitive wholesale electricity market

With comprehensive preparation in technical infrastructure, human resources, and operational planning, participation in the competitive electricity market is expected to provide favorable conditions for Ialy Hydropower Company to strengthen its market position, enhance competitiveness, and optimize electricity production costs in an increasingly transparent and efficient market environment.

Pleikrông shift supervisor updates bidding data on the electricity market trading platform.

As participants in the competitive electricity market, Vietnam’s Pleikrông and Sê San 3 hydropower plants possess several notable advantages.

First, Pleikrông Reservoir has a storage capacity of more than 1 billion cubic meters, enabling efficient water regulation and proactive generation scheduling for the downstream Sê San 3 Hydropower Plant.

In addition, both plants are operated by the same company, allowing flexible and coordinated calculation of water values and bidding strategies. This coordination contributes to more efficient utilization of water resources and optimization of revenue generation.

Furthermore, the four generating units of the two hydropower plants are capable of rapid start-up and flexible output adjustment, enabling them to respond effectively to power system dispatch requirements.

Notably, the ability to optimize operations around the 30-minute trading cycle of the competitive electricity market enables the plants to capitalize on periods of higher electricity prices, thereby improving overall business performance and operational efficiency./.