Tuesday, October 4, 2016

Vietnam: Prime Minister urges efforts to ensure power supply

Vietnam: Prime Minister urges efforts to ensure power supply

Prime Minister Nguyen Xuan Phuc has instructed relevant ministries, agencies
and groups to set forth measures and mechanisms in order to ensure
electricity supply for the economy.

"Power shortage could cause chaos for a country," he said, suggesting the
construction of more thermal and hydro power, and renewable energy plants,
as well as major electricity facilities, and purchase electricity of foreign
countries.

At a working session with representatives of the ministries, agencies, the
Electricity of Vietnam (EVN) and the National Oil and Gas Group
(PetroVietnam), the Government leader urged the two groups to seek solutions
to power shortage in the southern region in 2018 and 2019.

Vietnam, especially the southern region, may face serious power demand in
2018 and have to use diesel to generate electricity, the PM warned, noting
that the demand will continue to rise in the time ahead so as to keep the
economic growth at 6.5-7 percent annually.

"The Government will decide on a number of policies and mechanisms on power
supply based on the proposals made by the Ministry of Industry and Trade and
the groups," he said.

In the first half of this year, the EVN produced and bought 84.75 billion
kWh of electricity, a year-on-year rise of 10.75 percent. As much as 28.3
percent of electricity came from hydropower plants, 29.36 percent from
gas-fuelled turbine plants, and 39.87 percent from coal-fuelled thermal
power plants.

Commercial power output reached 76.44 billion kWh, a yearly increase of
11.73 percent.

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Ref:
https://www.vietmaz.com/2016/10/prime-minister-urges-efforts-to-ensure-power
-supply/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+vietmaz
+%28VietMaz%29


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

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