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Wednesday, June 19, 2024

Prime Minister urges stable power supply

By Minh Anh

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HCMC – Prime Minister Pham Minh Chinh has issued a directive instructing relevant ministries and agencies to ensure stable power supply for 2024 and beyond, according to VGP News.

The directive calls on the Ministry of Industry and Trade to take proactive measures to secure power supply for 2024, with a specific emphasis on stabilizing electricity generation in the dry season.

In particular, the ministry is tasked with finalizing mechanisms and policies for direct electricity trading between renewable energy producers and major electricity consumers.

It should also promote incentives for the development of solar systems on the rooftops of houses, offices and facilities at industrial zones. The details of these mechanisms and policies must be submitted to the Government by December 31, 2023.

The Ministry of Industry and Trade, along with relevant agencies, is required to enhance inspection, supervision, monitoring, and management of the nation’s power grid. They will also have to review and develop plans to ensure adequate electricity supply for northern Vietnam following the severe power shortfalls in the north in the second quarter of this year.

The directive underscores the importance of preventing power shortages that could adversely affect production, business and daily life.

The ministry’s leadership is responsible for expediting critical projects in the electricity sector and providing guidance for the implementation of the 500 kV Line 3 which runs from Quang Binh to Hung Yen provinces, with the goal of ensuring its completion by June 2024.

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