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Please Sign in your LuatVietnam account and sign up for the lookup software .| Issuing bodies: | Ministry of Industry and Trade | Effective date: | |
| Official number: | 2093/QD-BCT | Signer: | Tran Tuan Anh |
| Legislation Type: | Decision | Expired date: | Updating |
| Issuing date: | 07/08/2020 | Effect: | |
| Fields: | Electricity , Industry |
02 options for power purchase of electricity users
The Ministry of Industry and Trade issues the Decision No. 2093/QD-BCT on approving the Project on designing the retail electricity market model on August 07, 2020.
Accordingly, depending on the connection scale and voltage, electricity users shall purchase power with the following models:
Firstly, purchasing power in the spot market: Applicable to users who fully meet criteria on the power consumption scale and connection voltage in accordance with the Regulation on competitive electricity market operation. Users may directly register to take part in the spot market or via an authorized representative.
Secondly, purchasing power from retail sellers. Electricity retail price for customers when selecting electricity retailers including power generation price of power plants; electric power transmission price; price of load dispatch and transaction regulation in the electricity market; power distribution price; costs and benefits of the electricity retailers; etc.
In addition, the Project is divided into 03 stages as follows: Stage 1 (to the end of 2021): The preparation stage; Stage 2 (from 2022 to 2024): Electricity users shall participate in the spot electricity market; Stage 3 (after 2024): Customers shall choose to buy power from electricity retailers.
This Decision takes effect on the signing date.
For further details of the Decision 2093/QD-BCT, Click here
