To reach high-income status by 2045, Vietnam’s demand for energy is forecast to increase significantly in the next few years. As the trade-off between business efficiency and going green is diminishing, the country is accelerating towards green and sustainable economic growth.
Vietnam’s electricity transmission output hit more than 203.8 billion kWh in 2020, fulfilling the plan set by Electricity of Vietnam (EVN) and representing a year-on-year increase of 2 percent, according to General Director of the Electricity of Vietnam National Power Transmission Corporation (EVNNPT) Pham Le Phu.
With highly favourable natural conditions, the south-central coastal province of Ninh Thuan is preparing a plan to become a renewable energy centre in Vietnam and to develop the sector into a pillar of the local economy.
The Vietnam Electricity Group (EVN) is planning to have all equipment on transmission lines and 80 percent of 110 kV circuit facilities digitalised from now to 2022.
The Cambodian government has approved more than 830 million USD worth of electricity infrastructure projects, which consist of a 150MW hydropower dam, a 265MW coal-fired power station, and three transmission lines.
Trung Nam Group inaugurated a 450 MW Trung Nam-Thuan Nam solar power farm project, a 500kV transformer station and a 220/500kV transmission line in Ninh Thuan province on October 13.
The Asian Development Bank (ADB) has approved a 127.8 million USD loan to support the construction of transmission lines and substations in Cambodia, the bank said in a press statement.
Laos sold 6,457 MW of electricity abroad during 2016-2020, an increase of 145 percent over the previous five-year period, according to Xinhua news agency.
With power transmission lines and sub-stations getting overloaded in some provinces, authorities and experts have urged the Government to allow renewable energy investors to install transmission systems and transfer them to the Vietnam Electricity (EVN) for operation.
A project to build power transmission lines and a 220kV power transformer for connecting local solar energy projects to the national grid started in Binh Phuoc province on December 25.
Deputy Prime Minister Trinh Dinh Dung laid stress on the urgent need to build 500kV transmission lines running through Ha Tinh, Quang Binh, Quang Tri, Thua Thien-Hue, Da Nang, Quang Nam, Quang Ngai, Kon Tum and Gia Lai to meet increasing power demand, especially in the south.
The Tay Ninh Power Company has splashed out 175 billion VND (7.7 million USD) on the upgrade and repair of 45 electricity grid works in key economic zones, as well as rural and border areas.
The Vietnam Electricity (EVN) has finished fixing the middle- and low-voltage power transmission lines and resume power supply for some central provinces hit by Typhoon Doksuri, including Dong Hoi city of Quang Binh, and downtowns of Nghe An and Ha Tinh.
The Electricity of Vietnam Group’s Northern Power Corporation (EVNNPC) generated 5.41 billion kWh of electricity in August, up 13.4 percent from the same period last year.
The Central Highlands province of Dak Nong will spend more than 2.2 trillion VND (96.8 million USD) to upgrade the provincial power transmission grid under the local power development plan until 2025.
Several key power transmission projects, worth a total 1.1 trillion VND (48.4 million USD), have been constructed since 2015 to ensure power supply for the Asia-Pacific Economic Cooperation (APEC) meetings in Vietnam this year.
As many as 45,322 Khmer households in the Mekong Delta province of Soc Trang have been connected to the national power grid thanks to a project launched in 2011.