US funds Vietnam's smart electricity grid

US funds Vietnam's smart electricity grid

The US Trade and Development Agency (USTDA) has provided 700,000 USD in
non-refundable aid to the pilot application of Vietnam's Smart Grid project,
that will help Vietnamese energy companies efficiently manage the use of
electricity during peak hours, and optimise power distribution.

An agreement to this effect was signed in Hanoi on September 17 between the
Ministry of Industry and Trade and the USTDA.

Addressing the signing ceremony, Deputy Minister Cao Quoc Hung spoke highly
of the USTDA's support for Vietnam in programmes and projects, including the
Smart Grid.

USTDA Director Leocadia I.Zak said the agreement is part of a programme
connecting Vietnamese partners with US leading experts in the field of
energy, thus helping Vietnam better manage the use of power when the
country's electricity output is expected to double in 2025.

Once implemented nationwide, the solution can help save up to 300 MW during
peak hours.

Smart Grid is a pilot solution in many places in the world for power
management from manufacture, transmission, distribution to the
end-customers. The solution of applying advanced digital technologies to the
network allows two-way smart link and real-time information coordination
between the power generator/power distribution source and demand of the
terminal equipment (for the customers) with the biggest goal of
energy-saving and efficient use.

In Vietnam, the Prime Minister has issued a decision in November 2012
approving the roadmap of smart grid development with the objective of
improving power supply quality and reliability; contributing to power demand
management, encourage power use safety and effectively; making conditions
for labour productivity improvement, investment demand decrease on
developing sources and power network; boosting effective exploitation of
energy natural resources, ensuring national defence, taking part in
environment protection and sustainable socio-economical development.

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com