What are Circular 21/2024/TT-BCT on vtv5 trực tiếp bóng đá hôm nay regulations for vtv5 trực tiếp bóng đá hôm nay operation of vtv5 trực tiếp bóng đá hôm nay competitive wholesale electricity market in Vietnam?

What are Circular 21/2024/TT-BCT on vtv5 trực tiếp bóng đá hôm nay regulations for vtv5 trực tiếp bóng đá hôm nay operation of vtv5 trực tiếp bóng đá hôm nay competitive wholesale electricity market in Vietnam?

On October 10, 2024, vtv5 trực tiếp bóng đá hôm nay Ministry of Industry and Trade of VietnamissuedCircular 21/2024/TT-BCTregulating vtv5 trực tiếp bóng đá hôm nay operation of vtv5 trực tiếp bóng đá hôm nay competitive wholesale electricity market in Vietnam (hereinafter referred to as vtv5 trực tiếp bóng đá hôm nay electricity market), including vtv5 trực tiếp bóng đá hôm nay following main provisions:

- Registration to participate in vtv5 trực tiếp bóng đá hôm nay electricity market

- Planning vtv5 trực tiếp bóng đá hôm nay operation of vtv5 trực tiếp bóng đá hôm nay electricity market

- Price bidding mechanism

- Load scheduling mechanism

- Measurement of electrical energy in vtv5 trực tiếp bóng đá hôm nay electricity market

- Determining market prices and payment calculations

- Information disclosure

- Supervision of electricity market operation

- Responsibilities of vtv5 trực tiếp bóng đá hôm nay entities participating in vtv5 trực tiếp bóng đá hôm nay electricity market

Circular 21/2024/TT-BCTtakes effect from November 25, 2024, and applies to vtv5 trực tiếp bóng đá hôm nay following electricity market participants:

- Electricity wholesale units.

- Power generation units.

- Electricity system and market operation units (National System and Market Operation Company - NSMO).

- Electricity transmission units.

- Vietnam Electricity Group.

What are Circular 21/2024/TT-BCT on vtv5 trực tiếp bóng đá hôm nay regulations for vtv5 trực tiếp bóng đá hôm nay operation of vtv5 trực tiếp bóng đá hôm nay competitive wholesale electricity market in Vietnam? (Image from Internet)

Which power plants are indirectly participating in vtv5 trực tiếp bóng đá hôm nay electricity market in Vietnam?

Based on Clause 2, Article 4 ofCircular 21/2024/TT-BCTstipulating vtv5 trực tiếp bóng đá hôm nay responsibility of power generation units to participate in vtv5 trực tiếp bóng đá hôm nay electricity market in Vietnam:

Article 4. Responsibilities of power generation units in vtv5 trực tiếp bóng đá hôm nay electricity market

[...]

3. vtv5 trực tiếp bóng đá hôm nay power plants indirectly participating in vtv5 trực tiếp bóng đá hôm nay electricity market include:

a) BOT power plants with effective contracts;

b) Power plants using renewable energy other than hydroelectric (except as stipulated in clause 2 of this Article);

c) Thermal power plants required to use maximum natural gas resources to ensure national benefits, indirectly participating in vtv5 trực tiếp bóng đá hôm nay electricity market with permission from a competent state agency;

d) Power plants within industrial zones selling only a portion or not selling their electricity output to vtv5 trực tiếp bóng đá hôm nay national grid (except as stipulated in clause 2 of this Article);

dd) Multi-purpose strategic hydroelectric plants;

e) Imported power sources;

g) Power plants providing auxiliary services required to generate and start quickly according to vtv5 trực tiếp bóng đá hôm nay annually published list;

h) Power plants operating under avoidable cost mechanisms with valid contracts.

[...]

Thus, vtv5 trực tiếp bóng đá hôm nay power plants indirectly participating in vtv5 trực tiếp bóng đá hôm nay electricity market in Vietnam include:

- BOT power plants with effective contracts

- Power plants using renewable energy other than hydroelectric

- Thermal power plants with constraints to use maximum natural gas resources to ensure national benefits and are allowed by competent state agencies to indirectly participate in vtv5 trực tiếp bóng đá hôm nay electricity market

- Power plants within industrial zones selling only a portion or not selling their electricity output to vtv5 trực tiếp bóng đá hôm nay national grid

- Multi-purpose strategic hydroelectric plants

- Imported power sources

- Power plants providing auxiliary services required to generate and start quickly according to vtv5 trực tiếp bóng đá hôm nay annually published list

- Power plants operating under avoidable cost mechanisms with valid contracts

Note: Except for power plants with an installed capacity up to 30 MW connected to a grid with a voltage level from 110 kV or more, power plants using renewable energy other than hydroelectric with an installed capacity from 10 MW or more, power plants within industrial zones selling only a portion of their electricity output to vtv5 trực tiếp bóng đá hôm nay national grid are entitled to directly participate in vtv5 trực tiếp bóng đá hôm nay electricity market.

What are vtv5 trực tiếp bóng đá hôm nay main provisions for transactions in vtv5 trực tiếp bóng đá hôm nay electricity market in Vietnam?

Based on Article 21 ofElectricity Law 2004amended by point b, clause 1, Article 2 ofAmended Electricity Law 2012stipulating vtv5 trực tiếp bóng đá hôm nay operation and transaction management in vtv5 trực tiếp bóng đá hôm nay electricity market:

Article 21. Operation and transaction management in vtv5 trực tiếp bóng đá hôm nay electricity market

1. vtv5 trực tiếp bóng đá hôm nay main provisions for transaction activity in vtv5 trực tiếp bóng đá hôm nay electricity market include:

a) Rights and obligations of entities participating in vtv5 trực tiếp bóng đá hôm nay electricity market corresponding to vtv5 trực tiếp bóng đá hôm nay development level of vtv5 trực tiếp bóng đá hôm nay electricity market;

b) Technical characteristics of electrical generation, transmission, and distribution equipment;

c) National electricity system dispatch in vtv5 trực tiếp bóng đá hôm nay electricity market;

d) Incident handling procedure;

dd) Spot electricity trading in vtv5 trực tiếp bóng đá hôm nay electricity market;

e) Pricing and market price determination;

[...]

Thus, vtv5 trực tiếp bóng đá hôm nay main provisions for transactions in vtv5 trực tiếp bóng đá hôm nay electricity market include:

- Rights and obligations of entities participating in vtv5 trực tiếp bóng đá hôm nay electricity market corresponding to vtv5 trực tiếp bóng đá hôm nay development level of vtv5 trực tiếp bóng đá hôm nay electricity market

- Technical characteristics of electrical generation, transmission, and distribution equipment

- National electricity system dispatch in vtv5 trực tiếp bóng đá hôm nay electricity market

- Incident handling procedure

- Spot electricity trading in vtv5 trực tiếp bóng đá hôm nay electricity market

- Pricing and market price determination

- Invoicing and payment among entities trading electricity in vtv5 trực tiếp bóng đá hôm nay electricity market and auxiliary service providers

- Provision and pricing of auxiliary services

- Handling violations and resolving disputes, complaints about electricity trading and auxiliary services in vtv5 trực tiếp bóng đá hôm nay electricity market

- Provision and disclosure of information related to vtv5 trực tiếp bóng đá hôm nay operation and transaction management in vtv5 trực tiếp bóng đá hôm nay electricity market