The Ministry of Industry and Trade proposes a series of "hot" issues related to Power Planning VIII

18.08.2022

The Ministry of Industry and Trade has just re-submitted the Electricity Planning Project VIII, after being asked to explain. The Ministry of Industry and Trade proposes to the Government Standing Committee to approve 6 issues of Power Planning Project VIII.

Problems related to coal and gas electricity

Specifically, about not including coal and gas power projects (14,120 MW of coal-fired power, 1,500 MW of gas-fired power), the Ministry of Industry and Trade explained and clearly reported in Document No. 412 (July 22 2022), in accordance with the recommendations of the localities, the recommendations of the investors. Therefore, there is no legal risk.

Some expenses of state-owned corporations have been spent to survey, prepare for investment projects, corporations are responsible for handling according to regulations.
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Problems related to renewable electric energy

Regarding the issue of solar power, the Ministry of Industry and Trade proposed to continue allowing the deployment to put into operation in the period to 2030 projects, or parts of projects already planned, that have been approved by investors. but not yet in operation with a total capacity of about 2,428.42 MW.

Pushing back these projects after 2030, according to the Ministry of Industry and Trade, may face problems of social order and security, legal risks and compensation for investors.

However, these projects need to absolutely comply with legal regulations on investment and construction, closely follow the absorptive capacity of the national power system and the capacity of the grid to release capacity.

At the same time, strictly comply with the electricity price mechanism at the time of putting into operation, take responsibility for the efficiency of the project according to the approved mechanism.

After that, if the inspection and examination agencies detect violations, they will strictly handle them according to the provisions of law. In case of serious violations, even withdraw the investment license, suspend the project according to the provisions of the law on construction investment.
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Regarding the mechanism for transitional wind and solar power projects, the Ministry of Industry and Trade proposed and requested the Prime Minister to approve the mechanism for investors of transitional projects to negotiate electricity prices, electricity purchase and sale contract with the Vietnam Electricity Group within the electricity generation price bracket and guidelines issued by the Ministry of Industry and Trade.

For wind power and solar power projects that will be deployed in the future, the electricity price negotiation mechanism and similar power purchase agreement will be applied to ensure the uniformity of the legal corridor with the projects.

As for the projects that have been recognized for commercial operation, the Ministry of Industry and Trade requests the Prime Minister to issue a guiding document to have a basis to guide the review and review of the contract between EVN and the investors. private.

At the same time, there was a decision to annul Decision 13 on incentive mechanism for solar power development, Decision No. 37 and Decision No. 39 on mechanism to support wind power development.

Regarding the Decision on piloting the mechanism of direct electricity purchase and sale between renewable energy generators and large electricity users (DPPA), the Ministry of Industry and Trade proposes to the Government to direct the Government Office and the Ministry of Justice. review and comment on the authority to pilot this mechanism to have a basis for implementation and implementation in accordance with current regulations.

Power structure

The Ministry of Industry and Trade also proposes to the Government to consider approving the source structure until 2030. Specifically, the total capacity of power plants (with more than 2,000 MW of solar power added) is about 120,995 - 148,358 MW (excluding solar power). rooftop and cogeneration sources).

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