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| Wind power farm in Thuan Bac district, Ninh Thuan province. Photo: Trungnamgroup |
Wind power in Vietnam has reached an operational record with 3,386 MW
The National Power System Dispatch Center (A0) said that although the northeast wind came late, it has had strong impacts on all wind power concentration areas such as the North Central, South Central Coast, etc. The Central Highlands and the Southwest region, causing wind power sources across the country to simultaneously generate high growth, with a regular capacity maintained at 1,500-2,500 MW and an average power output of approximately 50 million kWh/day, which is higher. 140% over the same period in 2021.
In particular, on December 17 and 18, the national power system recorded the total generating capacity of wind power sources usually maintained at over 3,000 MW, reaching a peak of 3,386 MW at 3:20 p.m. on December 17. The last operating record was 3,077 MW on February 5, 2022. Currently, the system has 4,667 MW of wind power connected to the grid for operation.
With this new capacity level, Vietnam’s wind power sources have simultaneously generated up to 85% of installed capacity. However, there are still shortcomings and challenges in the operation of this power source, because when the wind is too strong (usually with a speed of over 21-22m/s), the turbines will reach their limit and have to stop working to ensure safety. safe guarantee.
EVN proposes to adjust electricity prices soon
On December 21, at the conference to review the work in 2022 and deploy the tasks in 2023 of the Electricity of Vietnam (EVN), EVN Deputy General Director Nguyen Tai Anh said that the retail price of electricity has been kept intact. stable for nearly 4 years, while the price of fuel for electricity production and exchange rate have increased sharply, making it difficult for EVN to balance its finances and suffer heavy losses in 2022.
The group estimated a loss of 31,360 billion dong. EVN has reported to the Government, the Committee for Management of State Capital at Enterprises and Ministries to allow the adjustment of electricity prices in 2022 to reduce difficulties and possibly balance EVN’s finances in the coming years.
Chairman of the Committee for Management of State Capital at Enterprises Nguyen Hoang Anh said that EVN suffered objective losses due to the implementation of political tasks. Input costs increase continuously, output prices do not increase, production and business activities are not guaranteed. Therefore, Mr. Nguyen Hoang Anh has proposed to EVN to further reduce operating costs and also proposed to the Government to adjust electricity prices.
Europe overtakes Asia in terms of Russian LNG imports
Vedomosti newspaper quoted a report from consulting firm B1 as saying that the volume of Russian LNG exported to Europe (including the UK and Turkey) has increased by 22% in the past 11 months to 20 billion m3. Deliveries to Belgium increased 110% to about 5 billion m3, while supplies to France increased by more than 50% to 7.3 billion m3 and to Spain increased more than 40% to 4.5 billion m3.
Among Asia-Pacific countries, China increased its imports of Russian LNG by almost 30% to 6.5 billion cubic meters in the past 11-month period, while Japan increased its imports by 1% to 8 billion cubic meters. ,4 billion m3. In China, supply from Russia has increased as the total amount of LNG imported into the country decreased by 20%, to about 77 billion m3.
Nikita Blokhin, senior analyst at Alfa-Bank, said that the increase in Russian LNG exports to the European Union (EU) is due to the fact that the supply of gas through the pipeline has decreased sharply and has been replaced by liquefied petroleum gas. , following the steps of the pan-European energy plan.
Russia’s crude oil exports fell 54% in the first week of sanctions
Russia’s seaborne crude oil shipments fell 1.86 million bpd, or 54%, after the West imposed sanctions targeting Moscow’s oil revenue . This is supposed to be a potential warning to other governments around the world.
Specifically, in the week ending December 16, marking the first full week of the ban, total volumes from Russia fell by 1.86 million bpd to about 1.6 million bpd. day. The four-week average also fell to a new record low for 2022.
According to the Bloomberg report, signals in the market also indicate a shortage of shipowners willing to transport Russian oil from an export facility in Asia. At the same time, energy giants like Shell and Exxon Mobil stopped using ships that had previously carried Russian cargo.
Saudi official insists OPEC+ cut oil production is right
On December 20, Saudi Arabia’s Energy Minister Abdulaziz bin Salman said that the Organization of the Petroleum Exporting Countries (OPEC) and its partners (OPEC+) had excluded political factors from the decision-making process as well as the assessment reports and forecasts of this organization. The SPA news agency quoted Salman as adding that the decision of OPEC + to cut oil production proved the right one in supporting market stability and the oil industry.
According to Mr. Salman, “the political play in data and forecasts, as well as the failure to maintain objectivity is often consequential and discrediting. In the face of many uncertainties, OPEC+ has no choice. other than to stay proactive and stay one step ahead”.
Previously, at the meeting on December 4, OPEC + agreed to maintain the current oil policy, that is, to keep the oil production cut of 2 million barrels per day, which was applied from May. 11. According to AFP, this is the largest OPEC+ production cut since the peak of the Covid-19 pandemic in 2020.
Russia considers the imposition of a gas price ceiling not an economic issue
On December 20, Russian Deputy Prime Minister Alexander Novak said that Moscow considers the imposition of gas price ceilings in Europe as a political decision, not an economic one. At the same time, according to Russia, the above measures only lead to gas shortages in the region.
Specifically, Mr. Novak said: “For the price ceiling that is given, we believe this is a political decision to follow, not economic at all.” Russia’s Deputy Prime Minister also said that the country has not decided to give a response to the European Union’s (EU) price ceiling on Russian gas.
Also on December 20, a member of the Russian state oil corporation Gazprom said that it is still supplying gas to customers through parallel pipelines, after the explosion. partially damaged the Urengoi-Pomary-Uzhhorod pipeline.
The US said it will continue to be tougher on the ceiling price of Russian oil
On December 20, in an interview with Reuters, US Deputy Treasury Secretary Adewale Adeyemo said that Washington will discuss with partners and allies further reducing the ceiling price for Russian oil.
According to Adeyemo, although the Russian Federation’s revenue from energy sales has begun to decline, the rate of oil extraction remains the same. In the future, countries supporting the price-ceiling initiative will discuss tougher measures.
The US Deputy Treasury Secretary also noted that the US will continue to put economic pressure on Russia, especially with the aim of weakening its ability to invest in the defense sector.
TH (t/h)