Ministry of Industry and Trade approves temporary prices for 60 renewable energy projects | Business

by time news

2023-09-18 03:28:00

The number of projects that have submitted documents to the Electricity Trading Company to negotiate electricity prices and electricity purchase contracts is still 80/85 projects. (Photo: Duc Duy/Vietnam+)

As of September 16, there are 60 projects recycled energy With a total capacity of 3,331.41 MW, the temporary price has been approved by the Ministry of Industry and Trade, an increase of 2 projects compared to the previous week, including: Wind power plant No. 2, Soc Trang and HBRE Ha Tinh wind power plant.

The number of projects that have submitted documents to the Electricity Trading Company to negotiate electricity prices and electricity purchase contracts is still 80/85 projects, with a total capacity of 4,497.86MW.

Notably, there are 67 projects requesting temporary prices equal to 50% of the ceiling price of the price bracket according to Decision No. 21/QD-BCT dated January 7, 2023 of the Ministry of Industry and Trade. As for EVN and the investor, they have completed price negotiations and initialed PPA contracts with 62/67 projects.

[Phấn đấu giảm tổn thất điện năng toàn hệ thống về mức dưới 6%]

In addition, there are 20 factories/factory sections with a total capacity of 1,171.72MW completed. COD procedures, generating commercial electricity onto the grid; 23 projects have had their works/parts of works accepted by competent State management agencies; 29 projects have been granted electricity operating licenses for the entire factory or part of the factory; 39 projects have decided to extend their investment policies. However, up to the above time, there are still 5 projects with a total capacity of 236.70MW that have not submitted negotiation documents.

According to statistics from Vietnam Electricity Group, the electricity output of the entire system in the past 8 months reached 186.3 billion kWh, an increase of 2.7% over the same period last year, of which hydropower mobilization reached 48.45 billion kWh, accounting for 26%. Coal thermal power is 88.08 billion kWh, accounting for 47.3%. Gas turbines are 19.26 billion kWh, accounting for 10.3%. Thermal Oil is 1.23 billion kWh, accounting for 0.7%. Renewable energy is 26.35 billion kWh, accounting for 14.1% (of which Solar power reached 18.33 billion kWh, wind power reached 7.38 billion kWh) and imported electricity was 2.62 billion kWh, accounting for 1.4%./.

Duc Duy (Vietnam+)

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