Electric Power Development Planning According to Current Regulations

20:30, 11/07/2024

Law amending and supplementing a number of articles of 11 Laws related to planning 2018 was promulgated on June 15, 2018. This Law amends and supplements a number of articles in the Electricity Law 2004, notably the amendments on the planning for electricity development.

To be specific:, according to Clause 1, Article 6 of the Law amending and supplementing a number of articles of 11 Laws related to planning 2018, amending and supplementing Article 8 of the Electricity Law 2004, the power development planning is stipulated as follows:

- Power development planning is a national sector plan that serves as the basis for power development investment activities;- The formulation of power development planning must comply with legal provisions on planning and the following principles:- Based on the national energy development strategy;- Suitable with the orientation for the development of primary energy sources for power generation, including new energy sources and renewable energy.- The planning period for power development is 10 years. The vision for power development planning ranges from 30 years to 50 years.

See also: Law amending and supplementing a number of articles of 11 Laws related to planning 2018, effective January 01, 2019.

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