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
Vermont electric power company
Assuming that the production cost of EVN is at the FiT2 for solar farms (7.09 US cents per kWh) and the exchange rate is around VND23,000 per US dollar, estimates of the subsidised amount of money by EVN in 2021 for solar power sources can be easily calculated. In order to keep the average selling price, increasing the curtailment or adding more solar power plants and rooftop solar systems with a very low FiT3 rate could compensate the subsidisation of EVN. … [Read more...] about Booming solar power: signal for worry or delight?
Ironically, a policy that would jeopardize Africans' ability to realize those benefits is being recommended at the same time protesters across America are calling for equity in some of the same areas. Although police violence against people of color is at the center of the protests - a response to the horrific death of a black man, George Floyd, after a white police officer knelt on his neck for nearly nine minutes - the protests also point to social and economic disparities between the races in America. … [Read more...] about African Energy Chamber: African Lives Matter, Too. Energy Policy Decisions Should Consider Their Needs
As e-commerce is a field which needs significant capital, Vietnamese businesses without a parent company with strong financial potential would not be able to develop and compete as they are only allowed to access capital from the narrow list of investors announced periodically by the Ministry of Industry and Trade, he said. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20
“Public investment will be focused on key sectors of the economy, key works and projects which have spillover effects and can create socioecomomic development momentum, and create breakthroughs in attracting capital from domestic and foreign private sources under the form of public-private partnership,” the report stated. “All loans must be strictly controlled in order to invest into socioeconomic infrastructure. Inspection in all public investment activities will continue being launched so as to stay corruption and wastefulness.” … [Read more...] about Reshuffle underway to further stimulate revival of economy