Thẻ: Electricity price

Fossil Fuel Subsidies: WHY DO WE CARE ABOUT FOSSIL FUEL SUBSIDIES?

~ Đào Thu Hằng ~ Bình luận về bài viết này

IFM.org

Why do we care about fossil fuel subsidies?

Subsidies are intended to protect consumers by keeping prices low, but they come at a substantial cost. Subsidies have sizable fiscal consequences (leading to higher taxes/borrowing or lower spending), promote inefficient allocation of an economy’s resources (hindering growth), encourage pollution (contributing to climate change and premature deaths from local air pollution), and are not well targeted at the poor (mostly benefiting higher income households). Removing subsidies and using the revenue gain for better targeted social spending, reductions in inefficient taxes, and productive investments can promote sustainable and equitable outcomes. Fossil fuel subsidy removal would also reduce energy security concerns related to volatile fossil fuel supplies.

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Measuring Fossil Fuel Subsidies

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In Vietnam, IKEA-style wind turbines are powering off-grid communities

~ Đào Thu Hằng ~ Bình luận về bài viết này

mekongeye.com

By Vuong Thi Hao Linh 3 July 2023 at 10:53

The 1% of Vietnamese households without electricity rely on decentralized, micro renewable systems for power supply. Are such innovations sustainable?

Wind turbine vietnam

A mini wind turbine set up in the countryside of Vietnam. PHOTO: 1516 energy

LAI CHAU, VIETNAM – In November 2019, teachers and students at the Pa U elementary boarding school in Muong Te district in Vietnam’s Lai Chau province had electricity for the first time.

The power came from a rudimentary micro wind turbine system, which was sold and delivered to the school by a local startup named 1516 and assembled by the teachers.

The setup was simple: aluminum tubs affixed to a sturdy wooden rod, linked to a sun box that contains a charge controller, a solar battery and an inverter to generate electricity.

Lai Chau
Source: Mapbox

“The children were so excited to see those turbines in action,” recalled teacher Bui Thi Minh Khuyen. Despite a limited output that can only sustain the school’s energy needs until 10pm, the new power supply has made a vast difference.

Pa U schoolteachers assemble a wind turbine. PHOTO: 1516 energy

Previously, the school only had light bulbs powered by cheap solar panels imported from China. Fans, radios, TVs, phones and laptops were luxuries the school could not power.

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Electricity market revamp on cards

~ Đào Thu Hằng ~ Bình luận về bài viết này

vir.com

January 25, 2022 | 17:00

A retail electricity market would mark a step towards market liberalisation efforts that enable consumers to choose who they wish to buy electricity from. To realise such a market, Vietnam’s Law on Electricity, as well as related documents will require certain adjustments to accommodate purchase agreements and other tools.

Electricity market revamp on cards
Electricity market revamp on cards

The Electricity Regulatory Authority of Vietnam (ERAV) is finalising its report to the prime minister about planned direct power purchase agreements (DPPA) – a mechanism to allow renewable energy producers to sell electricity directly to end-users, as Nguyen Anh Tuan, director of the authority said on January 18.

The DPPA mechanism, if implemented, will be the first step in the development of the electricity retail market, allowing renewable energy generators with a capacity greater than 30MW to sell to customers for industrial production purposes. Parties can negotiate and agree on purchase and sale prices through long-term contracts if the scale of their deal is not exceeding 1,000MW.

Since 2012, the electricity market has contributed to increasing transparency in mobilising power plants, creating a competitive environment, enhancing the initiative of market participants, and gradually abolishing the monopoly in the industry.

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What does the data tell us about electricity pricing in Laos?

~ Đào Thu Hằng ~ Bình luận về bài viết này

mekongeye.com

By Ekaphone Phouthonesy12 October 2021 at 1:30 (Updated on 18 October 2021 at 15:00)

Through a variety of data sources an evidence-based picture of electricity pricing and the electricity-generation business in Laos is revealed.

A 42-year-old resident of Thongsanang village in central Vientiane, nicknamed To, was upset after receiving an electricity bill in May that was almost twice as high as normal.

“I’m going to send a letter to EDL asking them to investigate this unusual increase in my bill,” he told friends at a local coffee shop.

“Normally, I pay around 900,000 kip (US$95) a month, but this month I had to pay 1.6 million kip (US$168),” said Mr To, a worker with a monthly salary of about 1.8 million kip (US$190).

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Is Europe’s gas and electricity price surge a one-off?

~ Đào Thu Hằng ~ Bình luận về bài viết này

bruegel.org

Surging natural gas prices in Europe, driven by rising demand and tight supply, are pushing up electricity prices; to prevent volatility, governments need to commit more clearly to a low-carbon future.

Since January 2021, natural gas prices have soared by more than 170% in Europe (Figure 1), sparking concerns about the potential macroeconomic implications.https://e.infogram.com/1p761ygy79gngyhz5yydwzln9lanq3km1rm?parent_url=https%3A%2F%2Fwww.bruegel.org%2F2021%2F09%2Fis-europes-gas-and-electricity-price-surge-a-one-off%2F&src=embed#async_embed

Both demand and supply factors have contributed to a tightening of the European gas market.

European gas demand is increasing in residential heating, industry and power generation. Higher demand for residential heating due to a cold winter and widespread remote working pushed up overall European gas demand by 7.6% in the first quarter of 2021. Also, a combination of continued industrial output rebound, summer heatwaves with increased use of air conditioning and rallying EU carbon prices fostering a switch from coal to gas, kept European gas demand high throughout the second quarter of the year.

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What’s Behind Europe’s Skyrocketing Power Prices

~ Đào Thu Hằng ~ Bình luận về bài viết này

bloomberg.com

Europe’s energy ambitions are clear: to shift to a low-carbon future by remaking its power generating and distribution systems. But the present situation is an expensive mess. A global supply crunch for natural gas, bottlenecks for renewable energy and wind speeds in the North Sea among the slowest in 20 years, idling turbines, have contributed to soaring electricity prices. As winter approaches, governments are preparing to intervene if needed in volatile energy markets to keep homes warm and factories running.

1. What’s the problem here?

Energy prices skyrocketed as economies emerge from the pandemic — boosting demand just as supplies are falling short. Coal plants have been shuttered, gas stockpiles are low and the continent’s increasing reliance on renewable sources of energy is exposing its vulnerability. Even with mild weather in September, gas and electricity prices were breaking records across the continent and in the U.K. Italy’s Ecological Transition Minister Roberto Cingolani said he expected power prices to increase by 40% in the third quarter. In the U.K., CF Industries Holdings Inc., a major fertilizer producer, shut two plants, and Norwegian ammonia manufacturer Yara International ASA curbed its European production because of high fuel costs, as the crunch started to hit industrial companies.

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Phương pháp tính biểu giá điện cho các hoạt động khác nhau tại EU

~ Diệu Quỳnh 96 ~ Bình luận về bài viết này

English: Methodology For Electricity Tariff Calculation For Different Activities EU- INOGATE programme

Chương trình EU- INOGATE

Chương trình EU- INOGATE

Dự án: “Hỗ trợ tích hợp Thị trường Năng lượng và Năng lượng Bền vững trong nhóm công ty năng lượng ở Đông Nam Âu” (SEMISE)

Chịu trách nhiệm cho nội dung của báo cáo này hoàn toàn thuộc về đơn vị tư vấn và không phản ánh bất cứ quan điểm nào của Liên minh Châu Âu

MỤC LỤC:

  1. Các kinh nghiệm cải cách biểu giá điện của liên minh châu Âu (EU) và nhóm các công ty năng lượng Đông Nam Âu

1.1 Cơ sở của chi phí cho thiết lập biểu giá điện

1.2 Các cách tiếp cận khác nhau để tính biểu giá điện của Châu Âu

1.2.1 Các ví dụ về giá truyền tải

1.2.2 Các ví dụ về hệ thống phân phối giá từ các nước Châu Âu

1. Các kinh nghiệm cải cách biểu giá điện của Liên Minh châu Âu và nhóm các công ty năng lượng Đông Nam Âu

  Giữa các Quốc gia Thành viên châu Âu thì điều quan trọng cần được lưu ý đó là việc thiết lập biểu giá điện cho các công ty độc quyền tích hợp theo chiều dọc được quy định và không thể tách rời khỏi cơ quan điều tiết nơi có chức năng xây dựng các phương pháp tính biểu giá và phê duyệt biểu giá do các công ty tiện ích đề xuất và tuân theo các phương pháp của cơ quan điều tiết.

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Lessons from Texas Freeze: 5 Ways to Strengthen US Energy Resilience

~ Đào Thu Hằng ~ Bình luận về bài viết này
WRI.org
by Jennifer Layke Jennifer Layke, Karl Hausker and Lori Bird – February 19, 2021
      
Workers trying to fix a power line during a snowstorm in Texas.
A winter storm in Texas damaged multiple utility poles, including this one in Odessa, resulting in blackouts. Photo by Eli Hartman/Odessa American via AP

Even as people are suffering through the harshest winter storm Texas has seen in decades, the reasons for the state’s devastating power grid failure have become a political battleground. While vulnerable people freeze in their homes, pundits snipe about whether wind turbines are to blame. Tiếp tục đọc “Lessons from Texas Freeze: 5 Ways to Strengthen US Energy Resilience” →

Vietnam Electricity (EVN) Achieves its First and Positive Credit Rating from Fitch Ratings

~ Đào Thu Hằng ~ Bình luận về bài viết này

Worldbank

Hanoi, June 7, 2018: Vietnam’s electricity company Vietnam Electricity, or EVN, is one step closer to issuing US dollar bonds and strengthening its financing capacity, following an endorsement by Fitch Ratings of its credit profile.

Now assigned an Issuer Default Rating (IDR) of ‘BB’ with a ‘Stable Outlook’ for long-term foreign currency, EVN’s ratings align with Vietnam’s sovereign rating. EVN’s sustainable financing strategy is supported by technical assistance from the World Bank.

“This positive rating enables EVN to issue international bonds, diversify our financing sources, and reassure domestic and foreign institutional investors. We are now on a stronger footing to deliver more reliable electricity to Vietnam,” said Dinh Quang Tri, Vice President of EVN. 
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Study Looks at Renewable Energy in Germany and Texas

~ Đào Thu Hằng ~ Bình luận về bài viết này
Holbert Janson
Dec 29, 2015

renewablenergyworld – A report published by Stanford’s Steyer-Taylor Center for Energy Policy and Finance looks at three of the world’s largest economies and largest energy jurisdictions in an attempt to compare their approaches to ramping up renewable energy.  Included in the report is a comparison of electricity rates in Germany to those in Texas and California as well a discussion of how renewables contribute to overall costs.

The report compares Germany, the world’s fourth largest economy and an aggressive adopter of renewable energy, with the states of California and Texas.  California and Texas are the world’s 8th and 12th largest economies respectively, and are both leaders in the U.S. with respect to wind and solar deployment. Tiếp tục đọc “Study Looks at Renewable Energy in Germany and Texas” →