Vietnam leads region in power production
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After adding 3,420 megawatts of power capacity last year, Vietnam now leads Southeast Asia with 76,620 MW.
It represented a 9.8 percent increase in capacity, CEO of national utility Vietnam Electricity (EVN), Tran Dinh Nhan, said at a forum Friday.
He however expressed concern that 27 percent of it is from renewable sources and this high ratio is causing difficulties in managing distribution.
There were times last year when 60 percent of power generation were from renewable energy, but due to plunging demand because social distancing curbs to contain Covid-19, this led to an oversupply of power, he said.
But EVN has forecast that in June, when temperatures peak, the north could see power shortages while the central and the southern regions might have oversupply.
It expects power consumption to rise by 7.6 percent this year to 242.4 billion kilowatt-hours.
Questions & Answers
Q.What is the total power capacity of Vietnam, and how much did it increase by last year?
What is the total power capacity of Vietnam, and how much did it increase by last year?
Vietnam's total power capacity is 76,620 megawatts, making it a regional leader. This figure represents a 9.8 percent increase in capacity compared to the previous year, with an additional 3,420 megawatts added.
Q.What concerns did EVN's CEO raise regarding Vietnam's power production?
What concerns did EVN's CEO raise regarding Vietnam's power production?
EVN's CEO, Tran Dinh Nhan, expressed concern that 27 percent of power capacity is from renewable sources. He stated that this high ratio causes difficulties in managing distribution, leading to oversupply during periods of low demand.
Q.Why did Vietnam experience power oversupply last year, despite high renewable generation?
Why did Vietnam experience power oversupply last year, despite high renewable generation?
Last year, Vietnam experienced power oversupply because social distancing curbs to contain Covid-19 led to plunging demand. This occurred even when 60 percent of power generation was from renewable energy sources at certain times.
Q.What are the power consumption forecasts for Vietnam in the coming year?
What are the power consumption forecasts for Vietnam in the coming year?
EVN expects power consumption to rise by 7.6 percent this year, reaching 242.4 billion kilowatt-hours. They forecast potential power shortages in the north during June's peak temperatures, while the central and southern regions might experience oversupply.
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