Starting in August, the National Load Dispatch Centre (A0) will separate from Vietnam Electricity to form the National Power System and Market Operation Limited Liability Company (NSMO) under the Commission for the Management of State Capital at Enterprises (CMSC).
The National Centre for Hydro-Meteorological Forecasting predicts that heat will come earlier this year which might weigh on the electricity supply system, especially of the Northern region, as overall demand for electricity is rising.
The Ministry of Industry and Trade (MoIT), Vietnam Electricity (EVN), and experts share the view that power supply will be guaranteed this year, but the challenge is that demand is forecast to surge amid the post-pandemic economic recovery.
Viet Nam’s solar power plants are facing a crisis in consumption of their electricity because there has not been synchronous development of power transmission infrastructure or a suitable operation mechanism.
Siemens has received an order from state-run energy company Electricity of Viet Nam’s National Load Dispatch Centre to improve performance of the nationwide transmission grid.