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Saturday, May 18, 2024

Vietnam boosts electricity output to meet rising demand

By T. Dao

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HCMC – In response to increasing power consumption, the Ministry of Industry and Trade has revised upwards its electricity production plan for this year.

The adjusted plan now targets total electricity output and imports of 310.6 billion kWh for the entire year, an increase of nearly four billion kWh compared to the previous projection.

Outlined in Decision No. 924, the ministry’s plan emphasizes the need to step up electricity supply, especially during peak dry season months. Total electricity production and imports during this period have been raised by over two billion kWh to approximately 111.47 billion kWh.

To ensure sufficient fuel for electricity generation, suppliers of coal, gas, and oil have been urged to maintain adequate supply levels, particularly during peak demand periods.

The Vietnam Electricity Group (EVN) has been tasked with updating its supply plan for both peak months and the entire year, with a directive to report significant demand or supply fluctuations for timely adjustments and minimal operational disruptions.

State-owned energy companies, including the Vietnam Oil and Gas Group (PVN) and Vietnam National Coal and Mineral Industries Group (Vinacomin), have been assigned the responsibility of ensuring continuous fuel supply for power generation.

According to data from EVN, in the first quarter of 2024, commercial electricity production surged to 62.66 billion kWh, an 11.42% increase compared to the same period in 2023.

Notably, electricity production in key cities like HCMC and Hanoi saw significant growth, with HCMC recording a 12.8% increase and Hanoi witnessing a 10.64% rise. Similarly, the Northern Power Corporation reported a notable uptick of 9.87% in electricity production.

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