, Vietnam

Vietnam to open domestic wholesale power market in 2019

It is now training companies and preparing hydropower plants to enter the market.

The Vietnamese Ministry of Industry and Trade will launch the full opening of the domestic electricity wholesale market to competition in 2019, following the establishment of a successful year-long pilot period. The Electricity Regulatory Authority of Vietnam (ERAV) will use the remaining time of the trial period to complete training companies in market operations, to improve information technology infrastructure, and to prepare the integration of Electricity of Vietnam (EVN)’s hydropower plants into the market. Renewable energy producers will also be allowed to connect to the national grid.

This wholesale market opening decision fits in the country's long term plan for the electricity sector as mandated in the 2004 Electricity Law. The liberalisation of the Vietnamese power market is moving forward and is taking place in three stages. The power generation market was opened to competition in 2012 and 87 power plants totalling nearly 23 GW have entered the power generation market over the past five years. The second stage of the liberalisation process is the opening of the wholesale market, slated for opening in 2019. The opening of the retail market will be the final stage of the process and will take place later.

This article was originally published by Enerdata.

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


Southeast Asia at the forefront of coal phase-out in power plants
Amidst the challenges of eliminating coal in the region’s energy mix, ASEAN Taxonomy Board paves way for sustainable financing for phase-out.
Power Utility
SMRs may deliver their climate promise too little, too late 
As these nuclear reactors are still in development, their wide deployment is unlikely, analysts say. 
How grid enhancements can ignite Malaysia's solar energy boom
Experts warn that grid enhancements will be crucial for the solar energy mix, which accounted for 18% of the country's RE.