Competitive power market operation postponed again
According to Deputy Prime Minister Hoang Trung Hai, the competitive electricity market can be piloted at the end of February instead of January 1, 2011 as originally planned.
The Government Office has just announced the conclusion of Deputy Prime Minister Hoang Trung Hai on the development of the competitive electricity market. The Deputy Prime Minister said that on January 1, 2012, the official competitive electricity market cannot be put into operation because the time for testing the entire IT infrastructure system is not guaranteed; the conversion of electricity purchase contracts also has many problems.
Therefore, the Deputy Prime Minister directed the Ministry of Industry and Trade to carry out a number of tasks so that by the end of February 2012 it will review and, if all conditions are met, decide when to officially put the competitive electricity market into operation.
On January 1, 2012, the competitive electricity market could not operate.
Illustration: Hoang Ha
Vietnam Electricity Group selects generators, determines water value of hydropower plants, calculates capacity compensation... amends and adjusts regulations on operating competitive power generation market, promulgated before December 31. Necessary conditions on information technology infrastructure, legal documents, and human resource training must be completed before January 31, 2012.
The Ministry of Finance builds a mechanism to operate the electricity price stabilization fund, draws experience in building and operating the gasoline price stabilization fund...
The Ministry of Industry and Trade shall coordinate with consultants to have a comprehensive assessment report on the operation of the pilot electricity market before January 31, 2012. The Deputy Prime Minister requested to complete the development and approval of the 2012 gas regulation plan, ensuring the effective use of gas resources. In case of insufficient gas, priority should be given to using gas for electricity production.
According to VnExpress
