Hanoi (VNA) - 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. The company worked hard to safely operate the power transmission system without interruption, contributing to ensuring sufficient supply for the country’s socio-economic development, Phu told a recent conference to review the EVNNPT’s performance in 2020 and set out tasks for 2021. It transmitted 910.5 billion kWh of electricity in the 2016-2020 period, Phu said, with yearly average growth standing at 9.7 percent. He also touched on the difficulties facing the corporation in cutting power loss last year, saying that the loss in the transmission grid stood at 2.23 percent, up 0.08 percent compared to 2019. Addressing the … [Read more...] about Power transmission output up 2 percent in 2020
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It is expected there will be many underperforming solar systems and inefficient operations and maintenance, especially those named mini-farms. They use remote and cheap land to develop such clusters without nearby commercial and/or industrial loads, which might bring about pressures on distribution or transmission lines. They are also more at risk of landslides during the flooding season in Central Vietnam. … [Read more...] about Booming solar power: signal for worry or delight?
At Trang Airport, there have been quite small numbers of passengers. However, strict COVID-19 prevention measures have still been in place. The Trang Airport Director said the new wave of COVID-19 infections has led many provinces to control passenger numbers in and out of the region, and people are asked to refrain from traveling between provinces. As a result, the number of passengers using Trang airport has decreased. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20
The truth is, no matter how you feel about the American Shale Revolution, Africans can learn from it. One of the reasons it succeeded is because you had small businesses willing to take a chance on new technology. They worked hard, and in the end, they boosted production. America became the largest crude oil producer in the world. Those companies made something extraordinary happen, and so can African businesses. We need more entrepreneurs willing to seize opportunities and, in some cases, make mistakes. That's how we grow and learn. We need government leaders to do their part by creating a welcoming environment for foreign investors and establishing local content policies that result in opportunities for business partnerships, quality jobs, and learning opportunities for Africans. … [Read more...] about African Energy Chamber: African Lives Matter, Too. Energy Policy Decisions Should Consider Their Needs
According to Derek Grossman, a senior analyst at the RAND Corporation, a Washington-based think tank, Vietnam could see a slowdown in foreign investment if the Biden administration were to restore Chinese tariffs to previous levels. However, he added that “some analysts see the movement of supply chains away from China, especially by Japan, as more of a natural development than one simply enforced by the US.” … [Read more...] about Biden keen to promote a strong America united