Ministry proposes new electricity tariffs

Ministry proposes new electricity tariffs

The Ministry of Industry and Trade (MoIT) has released a draft of the Prime Minister's decision on the structure of retail electricity tariffs for public feedback. The draft proposes a new pricing scheme based on a percentage of the average retail price of electricity for different groups of users.
Synchronous solutions in energy conversion

Synchronous solutions in energy conversion

VCN - According to Mr. Hoang Tien Dung, Director of the Department of Electricity and Renewable Energy (Ministry of Industry and Trade), Vietnam is taking the first steps in the transition from traditional energy to green and cleaner renewable energy. The
Bringing green energy from the Central Highlands

Bringing green energy from the Central Highlands

With a series of projects being implemented, the endless wind source of the Central Highlands is being turned into electricity for production activities.
Coal enterprises: revenue over hundred trillion VND, how much profit?

Coal enterprises: revenue over hundred trillion VND, how much profit?

The coal industry faced many difficulties due to the impact of Covid-19, causing excess coal and the condition of mining is increasingly difficult due to deep reductions, while production costs are increasing
Find foreign capital to "fill" US$150 billion of electricity investment

Find foreign capital to "fill" US$150 billion of electricity investment

VCN - In order to ensure power supply, in the next 10 years, each year, the electricity industry needs to invest about US$13-15 billion.
Floods and floods: Hydropower not a "crime" but it needs strict management

Floods and floods: Hydropower not a "crime" but it needs strict management

VCN- Over the years the important role of hydroelectricity in the national power system has been undeniable.
Has the EVN lost its monopoly in operating the competitive electricity retail market?

Has the EVN lost its monopoly in operating the competitive electricity retail market?

VCN- Regarding this, according to the Ministry of Industry and Trade, on August 7, the Ministry issued Decision No. 2093 / QD-BCT approving the design of the competitive retail electricity market model.
Common electricity price is nearly VND 3,000/kWh, who benefits and who suffers?

Common electricity price is nearly VND 3,000/kWh, who benefits and who suffers?

VCN- The Ministry of Industry and Trade is collecting comments on the draft decision of the Prime Minister on the retail electricity tariff structure to amend Decision 28/2014/QD-TTg on the retail electricity tariff structure.
Option one electricity price: Calculating carefully to harmonize benefits

Option one electricity price: Calculating carefully to harmonize benefits

VCN - In the process of completing the plan to improve the price structure of electricity for households, in addition to the division of five steps, the Ministry of Industry and Trade is calculating the option of one electricity price. Many experts say th
Risk of electricity shortage is available

Risk of electricity shortage is available

VCN- According to the Ministry of Industry and Trade, total electricity production and import of the national electricity system in 2020 is expected to hit261.46 billion kWh, up 8.9% compared to 2019.
Ministry of Finance’s comments on electricity price reduction for three months 

Ministry of Finance’s comments on electricity price reduction for three months 

VCN - The Ministry of Finance said that Vietnam Electricity (EVN) must have a balanced plan to avoid losses and re-suspend losses, causing pressure on price increases in 2021.
Improving the electricity retailing price list: Who benefits, who suffers?

Improving the electricity retailing price list: Who benefits, who suffers?

VCN- Nguyen Anh Tuan, Director of Electricity Regulatory Authority (Ministry of Industry and Trade), said that to consider the options to improve the structure of the electricity retail price tariff, the Ministry of Industry and Trade gave actual statisti
Can Thai Binh 2 Thermal Power Plant generate electricity in 2020 if problems are not solved?

Can Thai Binh 2 Thermal Power Plant generate electricity in 2020 if problems are not solved?

VCN- Thai Binh 2 Thermal Power Plant project has a total investment (2nd adjustment) of more than VND 41 trillion, so far the overall progress reaches more than 84 percent.
Restart nuclear power from 2030?

Restart nuclear power from 2030?

VCN - Nuclear power is considered a way to help Vietnam ensure energy security in the coming time.
VCCI: Consider eliminating gas, electricity prices as subject to confidentiality

VCCI: Consider eliminating gas, electricity prices as subject to confidentiality

VCN- The VCCI has just sent comments to the Ministry of Industry and Trade on the draft Decision of the Prime Minister on the list of State secrets of Industry and Trade.
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