PM stresses urgent need for keeping power supply, demand balanced

Prime Minister Pham Minh Chinh chaired a meeting in Hanoi on April 3 to look into the electricity supply and the provision of coal and gas for power generation.
PM stresses urgent need for keeping power supply, demand balanced ảnh 1Prime Minister Pham Minh Chinh addresses the meeting on April 3. (Photo: VNA)
Hanoi (VNA) – Prime MinisterPham Minh Chinh chaired a meeting in Hanoi on April 3 to look into the electricitysupply and the provision of coal and gas for power generation.

Pointing out a soaring power demand as a result of the socio-economic development and post-pandemic recovery, the Governmentleader said ministries, sectors, and agencies have yet to act drasticallyenough to carry out his official dispatch, issued on December 24 last year, on economicaland efficient power use and power supply in 2022 and beyond.

He said in 2021 and the first quarterof 2022, electricity supply and demand have been guaranteed, but powershortages occurred in some places and at certain points of time.

PM Chinh underlined the criticalimportance of keeping the power supply-demand balance in the time ahead, givencomplicated external factors and the economy’s demand.

He asked all-level authorities,sectors, and relevant agencies to improve their sense of responsibility,proactively take measures for ensuring the power supply with reasonable prices foreconomic and daily activities, and easing dependence on foreign electricitysources.

In the long run, it is necessary toboost sustainable energy development and power generation, step up power savingsolutions, encourage domestic electricity production, facilitate innovation toachieve low-cost, safe, and effective power generation, and properly handle therelationship between input materials and power prices.

The PM also demanded authorities andbusinesses to continue a close watch on the market to make appropriateadjustments, work closely together to ensure effective power generation andsupply, and overhaul mechanisms and policies on power, coal, and gas productionto safeguard energy security.
PM stresses urgent need for keeping power supply, demand balanced ảnh 2An overview of the meeting (Photo: VNA)
At the meeting, the Vietnam Electricity (EVN) group said power supplywill be basically ensured for the southern and central regions from now to 2025.Meanwhile, demand in the northern region, which accounts for nearly50 percent of the country’s total, will rise faster than the national average.

However, the new generation sourcesthat are set to be operational each year during 2022 - 2025 will continually belower than the growth in power demand, which may lead to electricity shortages duringMay - July, the peak period of hot weather and also the dry season - when hydropowerplants’ capacity may decline, the firm added./.
VNA

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