Viet Nam News

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Power consumption rises as economy recovers from pandemic

Power consumption increased significantly in September as the economy started to find its feet after COVID-19 was successfully contained in Việt Nam, according to a recent report by Electricity of Viet Nam (EVN).

The report on nine-month power production and consumption showed that EVN’s commercial power output was estimated at 19.93 billion kWh in September, representing a rise of 1.05 per cent against August and 8.41 per cent against the same period last year.

Power for industrial production and construction increased by 7.7 per cent, while electricity for daily consumption was up 13.17 per cent. Power for services and trade was down 10.99 per cent.

The country is undergoing socio-economic recovery after COVID-19 was successfully contained, with no new community transmissions recorded for 50 days.

EVN’s total commercial power output for January-September stood at 162.31 billion kWh, a rise of 3.09 per cent over the same period last year.

From the beginning of this year, EVN produced and imported a total of 185.37 billion kWh, up by 2.68 per cent.

Of the figure, hydroelectricity plants provided 48.38 billion kWN, a drop of 6.93 per cent, gas-fired power plants were at 27.42 billion kWN, falling 16.56 per cent, coal-fired power plants accounted for 97.29 billion kWh, an increase of 10.5 per cent and oil-fired power produced 1.04 billion kWh, up 33 per cent.

Of note, EVN purchased 8.16 billion kWh of renewable power in the first nine months of this year, of which 7.23 billion kWh, or 88.6 percent, was generated by solar power projects.

The nine-month solar power buyback was 2.6 times higher year-on-year.

For rooftop solar power, more than 55,980 projects were put into operation with a total capacity of 1,531 MWp.

In the last quarter of this year, EVN will focus on hastening the progress of power generation projects, including the Thượng Kon Tum hydropower plant and Sê San 4 solar power projects.

EVN also plans to start expansions at Hòa Bình hydropower plant and Quảng Trạch 1 thermoelectricity plant, and build infrastructure for the Dung Quất 1 and 3 gas-fired plants.

EVN has broken ground on 107 power projects this year and put into operation 100 110-500kV transmission lines. — VNS