Power sector chases 12 percent growth
Vietnam 's power supplies need to be developed at more than 12 percent
a year to meet domestic consumption, participants at the second annual
Vietnam power summit were told yesterday.
Vietnam 's power supplies need to be developed at more than 12 percent
a year to meet domestic consumption, participants at the second annual
Vietnam power summit were told yesterday.
The summit was organised by the World and Vietnam Report and Euromoney Seminars. Hundreds of specialists, policy makers and experts in electricity production, transmission and distribution attended.
Total power supply this year is expected to be 111,000GWh, an increase of nearly 11 percent against last year, about 4 percent lower than last year.
"The country's total power supply last year was 97,335GWh, an increase of 14.82 percent over 2009," said head of the Electricity of Vietnam's (EVN) Planning Department, Trinh Ngoc Khanh, at the two-day conference.
Of the total, EVN produced 42 percent and 52 percent bought from Build-Operating-Transfers (BOTs) and Independent Power Producers (IPPs). Imports amounted to just 6 percent.
Figures released by EVN showed that last year electricity consumption was 86,000GWh. This year it is expected to hit 98,000GWh.
In the next 10 years, Vietnam plans to build 95 more new power plants with a total capacity of more than 49,000MW. Investment will amount to 39.58 billion USD.
"The country plans to put 38 power plants into operation from 2011-15, including 26 from EVN and 12 from other investors," said Khanh.
Editor-in-chief of the World and Vietnam Report, Vu Son Thuy, said during more than 25 years of doi moi (renewal), Vietnam 's power sector has developed quickly to meet the economic growth boom.
He said Vietnam has rich natural resources, including fossil fuel, natural energies and water, adding that it has become one of the leading countries in Asia .
He said investors from inside and outside Vietnam have invested in electricity, including hydropower, thermal power, wind and atomic energy.
"However, there are a lot of challenges to cope with to turn the potentials into reality," he said.
Deputy head of the Ministry of Industry and Trade's Energy Department, Le Tuan Phong, said energy security has become more urgent in the world.
"The country has also proposed new ideas to liberalise the power sector with independent power plants," he said./.
The summit was organised by the World and Vietnam Report and Euromoney Seminars. Hundreds of specialists, policy makers and experts in electricity production, transmission and distribution attended.
Total power supply this year is expected to be 111,000GWh, an increase of nearly 11 percent against last year, about 4 percent lower than last year.
"The country's total power supply last year was 97,335GWh, an increase of 14.82 percent over 2009," said head of the Electricity of Vietnam's (EVN) Planning Department, Trinh Ngoc Khanh, at the two-day conference.
Of the total, EVN produced 42 percent and 52 percent bought from Build-Operating-Transfers (BOTs) and Independent Power Producers (IPPs). Imports amounted to just 6 percent.
Figures released by EVN showed that last year electricity consumption was 86,000GWh. This year it is expected to hit 98,000GWh.
In the next 10 years, Vietnam plans to build 95 more new power plants with a total capacity of more than 49,000MW. Investment will amount to 39.58 billion USD.
"The country plans to put 38 power plants into operation from 2011-15, including 26 from EVN and 12 from other investors," said Khanh.
Editor-in-chief of the World and Vietnam Report, Vu Son Thuy, said during more than 25 years of doi moi (renewal), Vietnam 's power sector has developed quickly to meet the economic growth boom.
He said Vietnam has rich natural resources, including fossil fuel, natural energies and water, adding that it has become one of the leading countries in Asia .
He said investors from inside and outside Vietnam have invested in electricity, including hydropower, thermal power, wind and atomic energy.
"However, there are a lot of challenges to cope with to turn the potentials into reality," he said.
Deputy head of the Ministry of Industry and Trade's Energy Department, Le Tuan Phong, said energy security has become more urgent in the world.
"The country has also proposed new ideas to liberalise the power sector with independent power plants," he said./.
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