CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Industry
Power shortage may loom Vietnam in 2020 and coming years
Linh Pham 15:26, 2019/06/17
Power shortage threatens South of Vietnam due to the delay of power projects.
Power shortage may cast its shadow over Vietnam in 2020 and afterwards, mostly in the southern region due to the sluggishness of many energy projects, local media reported, citing the Ministry of Industry and Trade. 
 
Illustrative photo
Illustrative photo

The country may face the power shortage in 2020 if diesel-fired generators fails to meet the required capacity or lack of fuel (coal and gas) for the power generation, according to the ministry. 

It said that the diesel-fueled power mobilized for 2019 would be 1.7 billion kWh and might reach 5.2 billion kWh by 2020. 

More seriously, the power shortage might happen in the southern region in 2021-2025 due to rising consumption volume. The shortage might hit 3.7 billion kWh in 2021, nearly 10 billion kWh in 2022, 12 billion kWh in 2023, 7 billion kWh in 2024, and 3.5 kWh in 2025. 

Under the revised Power Plan VII, the country’s total capacity may reach 95,700 MW for the 2016-2030 period but the realistic figure would be around 80,200 MW. 

The power shortage in the south would be largely created by the delay of gas projects namely Block B and Ca Voi Xanh (Blue Whale) – Vietnam’s largest offshore gas project off the central city of Danang discovered in 2011 with reserves of 150 billion cu.m. 

In addition, Kien Giang 1 and 2 Thermal Power projects and O Mon 2 Gas-fired Power project would fail to come operational in 2021-2025. 

In case Long Phu 1 Thermal Power project fails to meet the completion deadline by 2023, the situation would be worse in 2024-2025, the ministry predicted. 

The annual growth of power consumption in Vietnam in the 2016-2020 is around 10.34%-11.26%. 
Comments
Other news
21:35, 2024/12/21
Regulatory efforts underway to strengthen e-commerce in Vietnam
By 2025, Vietnam's e-commerce is expected to reach 10% of retail sales and contribute to the digital economy which is estimated to account for 20% of GDP.
16:51, 2024/12/14
Hanoi honors key industrial products in 2024
This recognition is a testament to the city government's ongoing support of local businesses.
18:09, 2024/12/12
EVs take the spotlight on Vietnam's urban streets
On the streets of Hanoi, a quiet but powerful shift in transportation is underway.
13:43, 2024/12/12
Hanoi names 83 institutions Green Energy User 2024
More than 80 facilities and projects have been recognized for their innovative use of green energy in manufacturing.
12:07, 2024/12/09
Bat Trang artisans innovate to meet global market demands
To boost competitiveness, Bat Trang pottery businesses leverage information technology for product promotion.
17:56, 2024/12/07
Vietnam youth gears up for a greener future
The event sought to equip Vietnamese youth with the skills and opportunities to work together and take an active role in advancing the green economy and supporting a sustainable transition.