Workers of Ho Chi Minh City Electricity Corporation.
The Prime Minister has just approved the Adjustment of the National Power Development Plan for the 2021-2030 period, with a vision to 2050 (Adjusted Power Plan VIII) with the important goal of firmly ensuring national energy security, meeting the requirements of socio-economic development and industrialization and modernization of the country.
Do not interrupt the power supply
To ensure sufficient electricity supply for socio-economic development with an average GDP growth rate of about 10%/year in the 2026-2030 period and about 7.5%/year in the 2031-2050 period, the adjusted Power Plan VIII sets a target of striving for commercial electricity in 2030 to reach about 500.4-557.8 billion kWh, oriented to reach about 1,237.7-1,375.1 billion kWh in 2050; the maximum capacity in 2030 will be about 89,655-99,934 MW and in 2050 will reach about 205,732-228,570 MW.
The revised Power Plan VIII also sets higher targets, provided that commitments are fully and substantially implemented by international partners. Vietnam will strongly develop renewable energy sources (excluding hydropower) for electricity production, reaching a rate of about 28-36% by 2030 and aiming for 74-75% by 2050.
Director of Electricity Department ( Ministry of Industry and Trade ) Pham Nguyen Hung said: Vietnam will promote onshore and offshore wind power, solar power in accordance with the absorption capacity of the system, the capacity to release the power grid as well as reasonable transmission costs. In addition, the orientation also prioritizes and encourages the development of wind power, solar power consumed on-site, not connected or not sold to the national grid; in the case of developing concentrated solar power, it must be combined with the installation of storage batteries with a minimum rate of 10% of capacity and stored for 2 hours.
Regarding coal power, the revised Power Plan VIII clearly states that only projects that are already in the plan and under construction will be continued until 2030; at the same time, it is oriented to convert fuel to biomass/ammonia for plants that have been in operation for 20 years when the cost is suitable and to stop operating plants that are more than 40 years old if they cannot convert fuel. By 2050, Vietnam will not use coal for power generation, completely switching fuel to biomass and ammonia.
In addition, the adjusted Power Plan VIII also sets specific targets for nuclear power development. Accordingly, in the 2030-2035 period, Ninh Thuan 1 and 2 Nuclear Power Plants with a scale of 4,000-6,400 MW will be put into operation; in the period up to 2050, about 8,000 MW of nuclear power will need to be added to provide base power and can be increased according to demand.
Emphasizing that the approval of the adjusted Power Plan VIII is very timely, Minister of Industry and Trade Nguyen Hong Dien also said that more importantly, it is necessary to organize the effective implementation of the plan, ensuring that there is no disruption in the power supply in the coming years.
Ready to replace slow-moving projects
General Director of Vietnam Electricity Group (EVN) Nguyen Anh Tuan shared: The adjusted Power Plan VIII basically solves both legal and technical requirements to complete the task of supplying electricity for the country's very high growth target. EVN recommends that the Ministry of Industry and Trade soon develop a program and plan to implement the adjusted Power Plan VIII; at the same time, regularly update and review the progress of implementing commitments and projects according to the plan to make timely adjustments. EVN also requests that localities support and work with the group to implement procedures for approving investment policies, granting land for power projects, etc.
According to Director of the Department of Industry and Trade of Quang Tri province Nguyen Truong Khoa, the process of approving bidding documents and documents inviting expressions of interest for wind power plant projects in Quang Tri is facing many difficulties, leading to the risk of delays. Quang Tri province requested the Ministry of Industry and Trade to consider and report to the Prime Minister to allow localities in the process of approving documents for energy projects not to consider approved detailed plans or 1/2000 zoning plans; at the same time, adjust Circular 27/2024/TT-BCT as well as a number of related regulations.
Receiving feedback, Minister Nguyen Hong Dien directed functional units under the Ministry of Industry and Trade to continue researching, advising competent authorities to promptly amend, supplement and issue new regulations to perfect the policy and legal framework on electricity, especially mechanisms and policies for developing renewable energy and new energy. Units need to coordinate with relevant ministries, branches and localities to speed up the construction progress, submit to the Prime Minister for promulgation the Plan to implement the adjusted Power Plan VIII, ensuring publicity, transparency and synchronization in the implementation process; localities urgently organize the approval of investment policies, select investors of power projects according to their authority and arrange land funds for the development of power projects; Projects that are slow to implement or behind schedule (including projects on the list expected to be put into operation in the 2031-2035 period) need to proactively propose replacements with more feasible projects to ensure the electricity supply plan according to the approved plan.
Source: https://baotuyenquang.com.vn/tang-nguon-cung-dien-dap-ung-muc-tieu-tang-truong-cao-212899.html
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