Competition to‘energize’ power market
Draft regulations on a competitive power-generation market in Vietnam were discussed at a seminar held in Hanoi on July 9.
Draft regulations on a competitive power-generation market in Vietnam were discussed at a seminar held in Hanoi on July 9.
The draft includes seventeen chapters and 209 articles, outlining the rights and responsibilities of each participant in the future market.
In order to develop this kind of competitive market in Vietnam, it is necessary to ensure that all the shortcomings of the electricity sector’s current model be addressed, and the sector be operated under market mechanisms, Deputy Minister of Industry and Trade Do Huu Hao told the seminar, which was hosted by his ministry together with the Electricity Regulatory Authority of Vietnam and New Zealand’s consultancy firm PB Associates.
PB Associates briefed attendees on key points of the draft regulations. It also made comparisons between the proposed regulations with those of other countries.
Experts attending the seminar also shared their opinions on the draft.
The Electricity Regulatory Authority of Vietnam will continue completing the draft regulations for submission to the Ministry of Industry and Trade.
Final regulations on a competitive power-generation market are expected to be launched later this year, and the market is scheduled to be operational in Vietnam in the 2010-2011 period./.
The draft includes seventeen chapters and 209 articles, outlining the rights and responsibilities of each participant in the future market.
In order to develop this kind of competitive market in Vietnam, it is necessary to ensure that all the shortcomings of the electricity sector’s current model be addressed, and the sector be operated under market mechanisms, Deputy Minister of Industry and Trade Do Huu Hao told the seminar, which was hosted by his ministry together with the Electricity Regulatory Authority of Vietnam and New Zealand’s consultancy firm PB Associates.
PB Associates briefed attendees on key points of the draft regulations. It also made comparisons between the proposed regulations with those of other countries.
Experts attending the seminar also shared their opinions on the draft.
The Electricity Regulatory Authority of Vietnam will continue completing the draft regulations for submission to the Ministry of Industry and Trade.
Final regulations on a competitive power-generation market are expected to be launched later this year, and the market is scheduled to be operational in Vietnam in the 2010-2011 period./.
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