5 renewable energy plants are about to be connected to the grid

That is the information Deputy Minister of Industry and Trade Dang Hoang An provided to the press on the afternoon of May 26.

According to Mr. An, the total capacity of the 5 factories is currently 351MW and will be connected and operational in the next few days.

“This is a very small number of projects compared to the total actual projects. If investors do not make efforts, it will be very difficult to exploit them commercially. This is mainly the responsibility of investors. As for the responsibility of the competent agencies under the Ministry’s management, the Ministry has directed the units to inspect and handle it immediately,” said Mr. An.

There are 5 renewable energy plants qualified to connect to the national grid. (Illustration photo: Government Newspaper).

Deputy Minister An also said that the Ministry of Industry and Trade has asked the Vietnam Electricity Group (EVN) to consider a temporary price agreement for these plants. After negotiations are completed and prices are agreed upon, payments will be made according to the official price from the date of power generation to the grid (for projects that have completed investment and construction work and completed legal documents according to regulations).

According to the Ministry of Industry and Trade, as of May 26, 52/85 transitional solar and wind power plants with a total capacity of 3,155 MW (accounting for 67%) have submitted their applications to EVN. Of these, 42 plants are negotiating electricity prices with EVN; 36 plants have proposed a temporary electricity price equal to 50% of the price frame as a basis for mobilization.

There are still 33 power plants with a total capacity of 1,581 MW that have not submitted negotiation documents (accounting for about 33%). In addition, many investors have violated legal regulations on planning, land, construction investment... so they have not met legal procedures and cannot negotiate prices with EVN.

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Source: https://vtc.vn/5-nha-may-nang-luong-tai-tao-sap-duoc-hoa-luoi-dien-ar785465.html