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Nation lacking coal supply for sufficient power generation

May 19, 2022 by vir.com.vn Leave a Comment

Flexibility is required in handling raw material issues for power plants and easing coal supply pressures, Photo: Shutterstock Thai Binh Thermal Power Plant under Electricity of Vietnam (EVN) has been in a coal shortage since the beginning of 2022. Ta Trung Kien, director of the plant, said that the volume of coal delivered “has been reduced significantly” compared to the signed contract. Vinacomin Group and Dong Bac Corporation – two of the coal suppliers for the Thai Binh Thermal Power Plant – delivered only just over 74 per cent of the monthly plan. “The two units of our plant need about 6,400 tonnes of coal per day. Due to a lack of coal, the plant was forced to use backup coal to maintain the operation. By the end of the first quarter, these reserves were at just about 14,000 tonnes, much lower than the required norm of 80,000 tonnes,” Kien said. Many other plants are facing similar problems, including Nghi Son 1, Vung Ang 1, Vinh Tan 2, and Duyen Hai 1, which currently … [Read more...] about Nation lacking coal supply for sufficient power generation

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Big customers to buy electricity directly from generators

May 14, 2022 by bizhub.vn Leave a Comment

The direct power purchase agreement is expected to promote renewable energy development in Viet Nam. — Photo vnbussiness.vn Big customers could buy electricity directly from the generators in a pilot programme to develop a mechanism for a direct power purchase agreement (DPPA). This was a highlight in a recent draft Prime Minister’s decision about the direct power purchase mechanism between renewable energy generators and big customers, which was raised for public comment. Under the draft, the total capacity of power plants to join in the pilot programme would be less than 1,000MW. The e-portal for registration would be opened for 30 working days to receive application files. After that, the Ministry of Industry and Trade would announce the pilot mechanism within 15 working days and the list of generators and customers to join the pilot programme within 30 working days. Power generators and customers could negotiate and sign contracts, including the completion of … [Read more...] about Big customers to buy electricity directly from generators

Filed Under: Uncategorized direct power purchase, Law on Electricity, News

GE secures first 9HA combined cycle power plant in Vietnam

May 16, 2022 by vir.com.vn Leave a Comment

GE's 9HA turbine promises higher combined-cycle efficiency GE on May 16 announced that it secured an order from Samsung C&T Corporation, the leader of the engineering, procurement, and construction consortium that will provide power generation equipment for PV Power’s Nhon Trach 3 & 4 Power Plant in Ong Keo Industrial Park in the Nhon Trach district. The project marks GE’s first H-Class gas turbine order in Vietnam. Once in commercial operation in 2025, Nhon Trach 3 & 4 are expected to deliver over 1.6GW of electricity and will be the first power plants fueled by LNG in the country. In addition, on May 11, an MoU to improve the efficiency of the existing Nhon Trach 1 power plant and develop long-term cooperation on the maintenance for Nhon Trach 3 & 4 was signed and exchanged between GE and PV Power in the presence of Prime Minister Pham Minh Chinh during his visit to Washington DC. Vietnam is currently heavily reliant on coal which fuels around a third of … [Read more...] about GE secures first 9HA combined cycle power plant in Vietnam

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GE secures first 9HA combined cycle power plant order in Vietnam

May 16, 2022 by vir.com.vn Leave a Comment

GE's 9HA turbine promises higher combined-cycle efficiency GE on May 16 announced that it secured an order from Samsung C&T Corporation, the leader of the engineering, procurement, and construction consortium that will provide power generation equipment for PV Power’s Nhon Trach 3 & 4 Power Plant in Ong Keo Industrial Park in the Nhon Trach district. The project marks GE’s first H-Class gas turbine order in Vietnam. Once in commercial operation in 2025, Nhon Trach 3 & 4 are expected to deliver over 1.6GW of electricity and will be the first power plants fueled by LNG in the country. In addition, on May 11, an MoU to improve the efficiency of the existing Nhon Trach 1 power plant and develop long-term cooperation on the maintenance for Nhon Trach 3 & 4 was signed and exchanged between GE and PV Power in the presence of Prime Minister Pham Minh Chinh during his visit to Washington DC. Vietnam is currently heavily reliant on coal which fuels around a third of … [Read more...] about GE secures first 9HA combined cycle power plant order in Vietnam

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Transmission boost to remove major power bottlenecks

May 19, 2022 by vir.com.vn Leave a Comment

EVN workers examine electricity facilities (Photo: VNA) The Vietnamese government’s permission for private companies to invest in and build power plants and transmission systems became a big step forward, bringing competition in the energy sector to a manageable level. The first 500kV super-high voltage power transmission line invested by Trungnam Construction and Investment JSC has been operating stably for more than a year. Trungnam’s project includes a 500kV substation and transmission lines combined with a 450MW solar power plant, promoting its advantages when participating in the power grid of Ninh Thuan province and the south-central coastal region. Pham Nhu Anh, member of the Executive Board of Military Bank, which arranged capital for Trungnam to invest in transmission infrastructure, pointed out that capital is still a bottleneck in Vietnam’s electrical infrastructure development. According to Anh, the fact that Electricity of Vietnam (EVN) still holds a monopoly on … [Read more...] about Transmission boost to remove major power bottlenecks

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GE gets first 9HA combined cycle power plant equipment order in VN

May 17, 2022 by bizhub.vn Leave a Comment

PetroVietnam Power Corporation’s Nhon Trach 3 & 4 power plant will use two GE 9HA.02 gas turbines. — Photo courtesy of the company GE has secured an order for generation equipment for PetroVietnam Power Corporation’s Nhon Trach 3 & 4 power plant in Dong Nai Province. It will supply two blocks of more than 800 MW each including a GE 9HA.02 gas turbine, the company’s most efficient 50 Hz gas turbine, an STF-D650 steam turbine, a W88 generator, and others. It marks the US firm’s first H-Class gas turbine order in Viet Nam. Once in commercial operation in 2025, the plant, the first to be fuelled by liquefied natural gas in the country, is expected to deliver over 1.6 GW of electricity. The highly efficient natural gas means the power plant will have a lower environmental impact than thermal plants. On May 11 a memorandum of understanding to develop solutions to improve the efficiency of the existing Nhon Trach 1 plant and long-term co-operation for the maintenance of … [Read more...] about GE gets first 9HA combined cycle power plant equipment order in VN

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Vietnam should add internal combustion engine power plants from 2022: Study

October 13, 2020 by hanoitimes.vn Leave a Comment

A study proposes developing a mechanism for reserve capacity payments for flexible power plants, and developing an ancillary services market for the Vietnam grid. A latest power system study carried out by the Vietnamese Institute of Energy (IE) under the Ministry of Trade and Industry (MoIT) recommends adding internal combustion engine (ICE) power plants in the National Power Development Plan VIII to ensure energy security. An internal combustion engine In the short term, the IE recommends building 650MW of ICE power plants in the South during 2022-2023 to support the high energy demand from 2022 to 2025, especially as Vietnam is expected to experience delays in the delivery of some coal and liquified-natural gas (LNG) power projects in the South. Additionally, drought conditions could create a risk of power shortage in the country. In the long term, the needed capacity of flexible ICE power plants to provide reserve capacity, supply peak demand, and … [Read more...] about Vietnam should add internal combustion engine power plants from 2022: Study

Filed Under: Uncategorized internal combustion engine power plants, Vietnam grid, foreign investors, MOIT

Vietnam needs US$133.3 billion investment in power projects by 2030

September 30, 2020 by hanoitimes.vn Leave a Comment

The power industry is still facing many challenges to meet the rising demand in Vietnam. Vietnam needs US$133.3 billion to invest in new power plants and transmission networks from 2021 to 2030, according to Vice Minister of Industry and Trade Hoang Quoc Vuong. Vietnam needs US$133.3 billion investment in power projects by 2030. Photo: GIZ At the second conference on the National Power Development Plan VIII (PDP) VIII for the 2021-2030 period, with a vision to 2045 on September 28, the Vietnam Energy Institute (VEI) reported that of the total investment, US$96 billion will be spent on new power plants and US$37.3 billion on expanding the power grid. It means the country needs an annually an amount of US$13.3 billion for investment in new power plants and transmission networks in the next 10 years. Deputy Minister Vuong told the conference that according to the power source development program until 2030, the total power capacity is expected to increase by … [Read more...] about Vietnam needs US$133.3 billion investment in power projects by 2030

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Transparency needed to draw power industry capital, officials say

May 18, 2022 by ven.vn Leave a Comment

Increasing demand Nguyen Tuan Anh, Deputy Director of the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade (MoIT), said that new power sources expected to be put into operation in the 2022-2025 period will not keep up with the load growth, making it increasingly difficult to ensure stable supply and risking peak capacity shortage in the northern region from May to July. Transmission of renewable energy sources remains limited Nguyen Tuan Anh explained that about 10 major power projects in which Electricity of Vietnam (EVN) is not invested, are behind schedule bringing capacity shortage to about 7,000 MW, which will affect power supply. Meanwhile, renewable energy sources (solar and wind power) have been significantly supplemented, but transmission of the energy remains limited, likely resulting in local electricity shortages at times. Tuan Anh also said that according to the MoIT’s Electricity Master Plan VIII, the demand for … [Read more...] about Transparency needed to draw power industry capital, officials say

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Thermal power plants dependant on imported coal

May 22, 2022 by www.sggpnews.org.vn Leave a Comment

Illustrative photo Currently, although there is renewable electricity from wind and sun, it is not yet stable. The program from now until 2025 needs to put into operation about 5,500 MW of renewable power energy, which includes 4,000 MW of wind power and about 1,500 MW of solar power, together with an appropriate storage system to meet capacity demand during peak hours. The nuclear power program had stopped in 2016. Now there is still need for coal-fired thermal power, and domestic coal is not enough for this, so it is necessary to import foreign coal. By 2025, more and more coal will be needed, while domestic exploitation is becoming stagnant, so coal will continue to be imported. To speed up the import of coal, Vietnam has asked the Australian Ambassador to find ways to bring coal into Vietnam soon. Australia will supply Vietnam with good quality coal at a reasonable price to have the cost of electricity production at an appropriate level, ensuring enough electricity for our … [Read more...] about Thermal power plants dependant on imported coal

Filed Under: Uncategorized Thermal power plants, national thermal power plants, imported coal, slow production, major commercial financial groups, lack of coal supply, Business, ...

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