|The draft Power Development Plan 8 will have to undergo one more round of tweaks|
At the meeting between ministries and relevant authorities, which was hosted by Le Van Thanh, Deputy Prime Minister cum head of the National Steering Committee for Power Development, the Ministry of Industry and Trade (MoIT) was asked to review the draft Power Development Plan 8 (PDP8).
This masterplan was not approved in late March under the 2016-2020 government term as expected, though the MoIT on behalf of the Appraisal Council presented the report on the assessment of the draft PDP8 for the period of 2021-2030, with a vision to 2045. Accordingly, the Appraisal Council reached a conclusion that the draft PDP8 met the conditions to be submitted to the government for approval.
Previously, on March 18, the Appraisal Council organised the second meeting to vote to approve the appraisal report and the content of the masterplan. Four members agreed with the appraisal report and the master plan in full, while 22 others said they would approve the report and the masterplan if the latter was adjusted.
The report on assessment also mentioned that although the Ministry of Natural Resource and Environment approved the environmental impact report of the master plan, however, it is still necessary to adjust other contents of the master plan.
EVN, PetroVietnam and National Power Transmission Corporation (EVNNPT) have also expressed concerns about the content of the draft PDP8. Notably, the masterplan does not evaluate primary energy (energy sources found in nature that have not been subjected to any human engineered conversion process) or the proportion of local and imported primary energy in order to ensure national energy security as well as problems relating to imported materials namely liquefied natural gas (LNG) and imported coal, among others.
In addition, according to the above groups, the designed power transmission system has a large capacity to accommodate the registered renewable energy generation capacity and future potential. However, there will be problems if renewable energy and power transmission projects are not implemented synchronously, which will cause waste for both the investors and the state. Thus, EVN, PetroVietnam, and EVNNPT requested further adjustments to the draft to better suit current realities
Furthermore, numerous power grid projects were named without deciding on an actual location, which may impact the land clearance process and prolong the time for land clearance compared to the timelines stipulated in the draft PDP8.
Nguồn: Vietnam Investment Review