20220427 Vietnam PDP8, Final Final Final..
Vietnam Appraisal Council approves draft Power Master Plan VIII
(Chinhphu.vn) - Today (April 26), at the Government Headquarters, Deputy Prime Minister Le Van Thanh chaired a meeting of the Council to appraise the national electricity development planning period 2021-2030. looking to 2045 (Power Plan VIII), national sector planning is especially important in the national sector planning system.
The draft Power Planning VIII was submitted to the Prime Minister by the Ministry of Industry and Trade for the first time on March 26, 2021. After careful analysis and evaluation, it has been shown that there are a number of shortcomings in terms of the scale of power source development, the structure of power sources, and the unreasonable regional balance, leading to the requirement for investment in the transmission grid. interregional is very large as well as a number of issues about mechanisms, policies and solutions to management and implementation,...
After that, the Government and Prime Minister focused on directing and perfecting the Power Plan VIII to overcome the remaining shortcomings as well as follow up with Vietnam's commitments at the COP26 Conference in order to "reach the level net emissions of "zero" by 2050".
During the construction process, Deputy Prime Minister Le Van Thanh chaired more than 20 meetings and worked to comment and complete the Master Plan. The Government Standing Committee also has concluded on the draft Power Master Plan VIII with many important directives.
Most recently, at the Conference with localities on April 15, 2022, the opinions were basically in high agreement with the viewpoints, orientations, directions and prudent way of doing things on the principle of putting the national interest, Nationality comes first of the Government and the Prime Minister in order to firmly ensure energy security, optimize the overall efficiency of the economy, ensure the lowest electricity price, suitable to the ability of people. while still ensuring to fulfill in a very responsible manner Vietnam's strong commitments to the international community on emission reduction and environmental protection.
The opinions expressed at the meeting showed high agreement with the main indicators of the Power Master Plan VIII, especially the issues of total installed capacity, structure of power sources, policy and roadmap for energy conversion and the implementation of the plan. distribution of power sources in regions, especially the issue of general economic efficiency (reducing investment costs for power sources and grids). These factors will contribute to stabilizing electricity prices at an appropriate and harmonious level between the State, investors and people.
Open opportunities for wind power
Dr. Ngo Tuan Kiet, Director of the Academy of Science and Technology said that Power Planning VIII was built very carefully, very carefully, so far it is the 6th option. The April 2022 version has 2 more new scenarios, including energy conversion scenarios to meet emission reduction requirements. This is a breakthrough scenario, having carefully calculated the possibility of primary energy sources that Vietnam can take advantage of. "Another scenario is calculating how to operate if the power source is short or slow. This is a new and good adjustment, consistent with the view that Power Master Plan VIII is an open plan, in the process of implementation. The master plan will be updated, calculated and adjusted on the basis of actual socio-economic development at each stage. The planning has updated data on wind power near shore, offshore,... but need separate survey and assessment,
Reviewer, Assoc.Prof.Dr. Pham Hoang Luong assessed that updating the Prime Minister's commitment at COP26 in the draft Power Master Plan VIII has opened opportunities for wind power, especially offshore wind power, to develop. However, Vietnam needs to soon develop a national marine spatial plan to 2045 on the management, exploitation and use of marine space for marine economic development and ocean energy in a sustainable way.
Minister of Industry and Trade Nguyen Hong Dien emphasized that the Government and the Prime Minister have given many directions throughout the process of completing the Master Plan, on the principle of putting the interests of the nation and people first, overcoming shortcomings and limitations of previous electricity master plans, harmoniously promoting the potentials and advantages of localities in the overall balance.
In the planning, alternative plans have been calculated for coal power projects, power projects that are difficult to implement,... This plan also basically ensures the balance between regions and regions; balance between power sources to ensure stable operation of the system, on the basis of developing renewable energy sources and at the same time maintaining other power sources. The basic plan does not develop the inter-regional transmission system until 2030. At the same time "open" for new sources of raw materials such as hydrogen, ammonia...
After the exchange and discussion, the Council voted to evaluate the Plan with a majority of votes approving the Electricity Master Plan VIII.
Absolutely do not "nest" mechanisms and policies in the Planning
Concluding the meeting, Deputy Prime Minister Le Van Thanh agreed with the assessment of the Appraisal Council, according to which the Power Plan VIII was prepared meticulously, thoroughly, scientifically, with a high sense of responsibility, demand and market. on the basis of consultation, absorbing the maximum contribution of experts, scientists, business community, leaders of ministries, branches and localities.
Power Planning VIII also follows the Politburo's Resolution No. 55 on the National Energy Development Strategy to 2030, with a vision to 2045; associated with commitments related to energy transition in the spirit of commitments at COP 26.
Up to now, it can be affirmed that Power Planning VIII has achieved its objectives and overcome some previous shortcomings: The total capacity of the power source is expected to develop by 2030 about 146,000 MW, a reduction of about 146,000 MW. 35,000 MW compared to the previous plan, the Deputy Prime Minister said, if kept as before, the investment will be large and spread. "We also highly agree on the structure of regional distribution, limiting transmission to long distances. This is very important because with that much power output, but if you move from the Central to the North for use, it will be wasted. line, loss…”
Another shortcoming that this master plan has overcome is the structure of power sources, reducing coal power and increasing renewable energy.
According to the Deputy Prime Minister, the Master Plan has an innovation in thinking and ways of doing things when it is related to the interests of localities and businesses, with the desire to retain many projects in the Plan. The Deputy Prime Minister emphasized that the spirit of the master plan is to put the common interest first, "saving tens of billions of dollars, reducing investment in transmission lines and reducing transportation costs will help reduce electricity costs".
After the Appraisal Council unanimously approved the Master Plan with a high number of votes, Deputy Prime Minister Le Van Thanh assigned the Ministry of Industry and Trade and other ministries and branches to urgently absorb the opinions of the Appraisal Council and finalize the draft before submitting it to the Ministry of Industry and Trade. The Prime Minister considers and approves in May 2022.
The Deputy Prime Minister requested absolutely not to integrate mechanisms and policies in the draft planning; the assignment of tasks to ministries and branches must be based on the functions and tasks of state management and strictly comply with the provisions of law.
"Absolutely not turn the Master Plan into a group of mechanisms and policies. The Ministries: Industry and Trade, Justice, the Government Office carefully review the draft Master plan and the Prime Minister's draft Decision approving the Master Plan. , make sure not to integrate any mechanisms and policies outside the current provisions of the law," emphasized the Deputy Prime Minister.
The Deputy Prime Minister noted that the Ministry of Industry and Trade must develop a plan to organize the implementation of the Master Plan according to the roadmap.
Read more here
Download the latest draft here (link valid 7 days)
https://we.tl/t-9iqQzx1xDF
