60 plants join power market by August

by V.A14 August 2015 Last updated at 17:30 PM

VTV.vn - As many as 60 power plants have joined the electricity market directly so far this year with a total capacity of 14,952 megawatts, accounting for 40 percent of the national power system, according to the National Load Dispatch Centre (NLDC).

By the end of July, the centre was operating 107 power plants with an installed capacity of 37,594 megawatts and 750 transformer stations of 500/220/110 kilovolts with a total capacity of 99,914 mega-volt amperes.

This year, power output is expected to reach 163.1 billion kilowatt hours, up 12.1 percent compared to 2014.

Competitive wholesale power market design approved

The Ministry of Industry and Trade has issued a decision approving a detailed design for the competitive electricity wholesale market, which allows all units owning 30-megawatt (MW) power plants and above to join the market.

According to Decision 8266/QD-BCT, under-30MW power generators can also take part in the market if they meet infrastructure demands.

Meanwhile, build-operate-transfer projects can join the market either directly or through a representative unit from the Electricity of Vietnam (EVN).

Imported electricity and wind, solar and geothermal generators, as well as under-30MW hydropower plants, are not designed to be involved in the market.

Buyers will be grouped into five corporations – Northern, Southern and Central Region; Hanoi and Ho Chi Minh City Power Corporations.

The roadmap for the implementation of the competitive electricity wholesale market consists of four periods with initial pilot operation period beginning on 2016. Official launching of the market is slated for 2019.

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