Vietnam adjusts biomass power prices

Hanoi (VNA) – Adjustments have been made to biomass power prices under the Prime Minister’s Decision No.08/2020/QD-TTg on amendments and supplements to several articles of the Decision No.24/2014/QD-TTg dated March 24, 2014. Accordingly, the prices will range from 1,634 – 1,968 VND (0.07 – 0.08 USD) per kWh, exclusive of added value tax.

No electricity price increases until the end of Q2

HÀ NỘI — The Ministry of Industry and Trade has called for no increases in the electricity price until the end of the second quarter at the earliest to support businesses amid the novel coronavirus (COVID-19) outbreak. This was the highlight of the ministry’s Directive No 06/CT-BCT issued on Wednesday to fight the COVID-19 pandemic and to remove difficulties for […]

Coal’s expiration date just moved closer

Hanoi is smudging coal’s prospects. Battered in green-minded Europe, thermal coal producers have been leaning instead on appetite from fast-expanding emerging economies, particularly in Southeast Asia. A change of direction in Vietnam suggests that support may be fading.

Powering Vietnam

As they step up efforts to combat climate change, many countries are pursuing an energy transition to reduce carbon emissions and develop renewable sources. Vietnam is no exception. And while more renewables may be desirable, there will still be room in Vietnam’s energy mix for fossil fuels as long as they are clean, according to Dang […]

Expert asks for frequent adjustment of electricity prices

HÀ NỘI — Electricity prices should be adjusted more frequently to better promote market competitiveness, said Trần Đình Long, Vice President of the Vietnam Electricity Association. Long spoke at a seminar on electricity retail prices yesterday in Hà Nội, saying: “There should be more adjustments of prices than now. The adjustment of electricity prices after two […]

Vietnam operates 24,300 rooftop solar power projects

Hanoi (VNA) – As many as 24,300 rooftop solar power projects with a total capacity of 465.8 MWp have been installed and put into operation by early March, according to the Electricity of Vietnam (EVN). The group said its National Load Dispatch Centre (NLDC) mobilized 1.8 kWh of electricity from renewable energy projects in the first two months of 2020, […]