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THE MINISTRY OF INDUSTRY AND TRADE
--------
|
THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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No. 709/QD-BCT
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Hanoi, March 08, 2017
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DECISION
ON APPROVAL FOR PLAN FOR OPERATION
OF PILOT COMPETITIVE WHOLESALE ELECTRICITY MARKET IN 2017
THE MINISTER OF INDUSTRY AND TRADE
Pursuant
to the Law on Electricity dated December 03, 2004 and Law on amendments to some
articles of the Law on Electricity dated November 20, 2012;
Pursuant
to the Government’s Decree No. 95/2012/ND-CP dated November 12, 2012 defining
functions, tasks, entitlements and organizational structure of the Ministry of
Industry and Trade;
Pursuant
to the Decision No. 63/2013/QD-TTg dated November 08, 2013 of the Prime
Minister on roadmap, conditions and structure of electricity sector for
formation and development of different levels of electricity market in Vietnam;
Pursuant
to the Decision No. 8266/QD-BCT dated August 10, 2015 of the Minister of
Industry and Trade on approval for detailed design of Vietnam's competitive
wholesale electricity market;
At the
request of the Director of the Electricity Regulatory Authority of Vietnam,
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Article 1. The plan for operation of pilot competitive
wholesale electricity market in 2017 is approved. To be specific:
1. Purposes
a) Test
mechanisms for operation of the competitive wholesale electricity market,
including: operation of electricity spot market, vesting, payment made in the
spot market, agreement settlement and regulation mechanism among power
corporations;
b) Assess
effects on revenues of generators, electricity purchase costs of Electricity
Corporations in the competitive wholesale electricity market;
c) Review
and draw on experience of operation of pilot competitive wholesale electricity
market in order to consider adjusting mechanisms for operation of the complete
competitive wholesale electricity market.
2. Scope and entities
a) Scope
-
Consider distribution of agreements: applicable to power plants directly
involved in the electricity market.
-
Generators directly involved in the electricity market and Electricity
Corporations shall cross-check and confirm the spot market payment list and
settle the agreement;
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-
Consider making real payment if the conditions precedent are satisfied
(scheduled for the fourth quarter of 2017);
-
Estimate and assess the regulation demands among power corporations in 2017.
b)
Entities
- Vietnam
Electricity (EVN);
-
Generators involved in the competitive electricity generation market;
-
Northern, Central, Southern, Hanoi City and Ho Chi Minh City power corporations
(hereinafter referred to as “power corporations”);
-
National Load Dispatch Centre;
- Electric
Power Trading Company;
-
National Power Transmission Corporation.
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a)
Electrical measurement
-
Complete the system of electrical measuring equipment: The National Power Transmission
Corporation and power corporations shall continue to upgrade their metering
infrastructure in accordance with regulations of the Circular No.
42/2015/TT-BCT dated December of the Ministry of Industry and Trade on
electrical measurement in electricity system (hereinafter referred to as
“Circular No. 42/2015/TT-BCT”) and reach an agreement with relevant authorities
according to existing metering infrastructure in order to determine redundant
metering system and delivery methods to ensure main metering data and
redundant metering data are available to serve operation of pilot competitive
wholesale electricity market in 2017;
- Collect
and manage metering data:
+ The National
Load Dispatch Centre shall collect metering data from the electricity wholesale
boundary metering points of power corporations to serve payment and operation
of pilot competitive wholesale electricity market.
+ The
National Power Transmission Corporation and power corporations shall collect
metering data from boundary metering points under their management and provide
data for the National Load Dispatch Centre;
+ Power
corporations shall inspect, cross-check and give confirmation of their boundary
metering data within a single trading interval to the National Load Dispatch
Centre. The Electric Power Trading Company shall inspect, cross-check and give
confirmation of their data of electricity meters measured within the
transmission grid within a single trading interval.
-
Metering data in service of operation of pilot competitive wholesale
electricity market in 2017 shall be collected and managed in accordance with
regulations of the Circular No. 42/2015/TT-BCT and its instructional documents.
b) Forecasting
load of power corporations
Power
corporations shall:
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- Carry
out review and assessment to complete their load forecasting, satisfying the
requirements for operation of pilot competitive wholesale electricity market in
2017 and next periods.
c)
Consider distributing power purchase agreements from EVN to power corporations
-
Consider testing the two following agreement distribution plans:
+ Plan 1:
distribute all signed agreements between EVN and generators to power
corporations according to the rules specified in the Decision No. 8266/QD-BCT
dated August 10, 2015 of the Minister of Industry and Trade on approval for
detailed design of Vietnam's competitive wholesale electricity market.
+ Plan 2:
distribute some power purchase agreements to power corporations.
- The
Electricity Regulatory Authority of Vietnam (hereinafter referred to as “ERAV”)
shall cooperate with electricity market participants in completing the plan and
piloting 02 aforementioned plans; assess feasibility of the 02 plans to propose
an appropriate plan for operation of official competitive wholesale electricity
market from 2019.
d)
Regulation mechanism among power corporations
- Assess
and estimate regulation demand among power corporations according to the two
following plans:
+ Plan 1:
regulate through a balanced account and adopt Plan 1 specified in Point c of
this Clause.
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- The
ERAV shall take charge and cooperate with EVN, power corporations and relevant
units in estimating and assessing regulation demand among power corporations in
2017, and completing the plans for carrying out regulation mechanism among
power corporations in combination with the plans specified in Point c of this
in the competitive wholesale electricity market from and submit them to the
Ministry of Industry and Trade for consideration.
dd)
Calculating market price and make payment in the electricity market
- Trading
interval: 01 hour;
- Payment
period: 01 month;
-
Calculating spot market prices:
+ Spot
market price is applied to power plants, including System Marginal Price (SMP),
Capacity Add-on (CAN) price and other prices calculated according to
regulations on competitive electricity generation market;
+ Spot
market price is applied to power corporations, including Corporation system
marginal price (CSMP) prices, Corporation capacity add-on (CCAN) prices and
uplift costs. CSMP and CCAN prices are calculated according to the rules for
converting SMP and CAN prices based on the average power loss within a trading
interval. Uplift costs are calculated according to the rules to be able to
recover all costs of purchase of electricity from power plants indirectly
trading in the market.
-
Determining trading electricity:
+ Trading
electricity of power plants involved in the spot market is determined according
to regulations on competitive electricity generation market;
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- Making payment
in the spot market: the National Load Dispatch Centre shall make payment in the
spot market made to generators and power corporations according to their
delivered electricity and system marginal price. Relevant units shall
cross-check and confirm payment documents and lists every month.
-
Consider settling agreement: the generator and the Power Corporation shall
settle and cross-check settlement of distributed agreement according to its
quantity, agreement price and total system marginal price applied to the
generator.
4. Implementation phases
a) Phase
1: From the first quarter to the end of the second quarter of 2017
Collect
electrical metering data, forecast power corporations’ load, consider
distribution of agreements and estimate regulation demand among power
corporations as prescribed in Points a, b, c and d, Clause 3 of this Article.
b) Phase
2: In the third quarter of 2017
-
Simulate operation and payment in the pilot wholesale market under two
scenarios corresponding to two agreement distribution plans prescribed in Point
c, Clause 3 of this Article according to metering data collected as prescribed
in Point a Clause 3 of this Article.
-
Necessary requirements for simulating operation and payment:
+ Collect
all metering data at boundary metering points of power corporations;
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+
Complete information technology infrastructure in order to collect, manage and
confirm metering and calculation data, cross-check payment made in the spot
market and manage provision of information through the electricity market
website.
c) Phase
3: Expected to begin in the fourth quarter of 2017
-
Consider distribution of agreements according to Plan 2: distribute agreements
to new power plants expected to be operated in 2017 and 2018, grant permission
to directly sign power purchase agreement with power corporations.
- According
to results of pilot implementation of phase 2 prescribed in Point b of this
Clause, consider making real payment in the competitive wholesale electricity
market in 2017 after satisfying all of the following conditions precedent:
+
Continue to develop the legal framework, including: regulations on operation of
the competitive wholesale electricity market, proposed regulations on
electricity transmission service payment which shall be conformable with ones
on competitive wholesale electricity market and other relevant regulations.
Consider proposing financial mechanism entrusted to power corporations
involving in the competitive wholesale electricity market;
+ Perfect
organizational structure of the National Load Dispatch Centre and develop its
personnel to serve operation of the competitive wholesale electricity market;
+ Perfect
necessary infrastructure system, including payment system, payment assistance
system and payment account system at the National Load Dispatch Centre and
relevant market participants in order to serve payment made in the electricity
market.
+
Distribute and forward the agreement between EVN and generators to power
corporations;
+ Collect
all metering data at boundary metering points of power corporations as
prescribed in Point a, Clause 3 of this Article.
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1. Assign the ERAV to:
a)
promulgate detailed guiding documents on simulation of operation and payment
(phase 2) and collect metering data before March 31, 2017;
b) take charge
and cooperate with relevant units in considering distribution of agreements
according to the plans specified in this Decision before June 15, 2017. Carry
out pilot assessment of distribution plans to request the Ministry of Industry
and Trade to consider issuing a decision on distribution of power purchase
agreements to the competitive wholesale electricity market participants.
c)
prepare and request the Ministry of Industry and Trade to promulgate documents
on guidelines for estimating regulation demand among power corporations in the
pilot competitive wholesale electricity market before April 30, 2017;
d)
supervise and encourage units to carry out operation of pilot competitive
wholesale electricity market in 2017 in accordance with regulations of this
Decision;
dd)
supervise, assess and submit periodic reports on operation of pilot competitive
wholesale electricity market in 2017 to the Ministry of Industry and Trade.
2. Assign EVN to:
a)
provide funding and direct the National Load Dispatch Centre, National Power
Transmission Corporation and power corporations to cooperate in collecting
remote metering data at boundary metering points of power corporations to serve
operation of pilot competitive wholesale electricity market in 2017;
b)
construct information technology infrastructure to serve the complete wholesale
electricity market as prescribed in the Decision No. 2760/QD-BCT dated June 30,
2016 of the Ministry of Industry and Trade on approval for general design of
information technology infrastructure in service of competitive wholesale
electricity market;
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a)
provide training for power corporations, National Load Dispatch Centre and
relevant affiliates of EVN to satisfy requirements for operation of pilot
competitive wholesale electricity market in 2017 and the next years;
d) direct
power corporations to provide training, increase capacity, carry out research
and develop methods and tools for forecasting power corporations' load to
satisfy requirements for competitive wholesale electricity market;
e)
cooperate with ERAV and direct its affiliates to develop methods, consider
distribution of agreements and estimate regulation demand among power
corporations.
3. Assign the National Load Dispatch Centre to:
a)
complete preparation for simulation of operation and payment before June 15,
2017. To be specific:
-
Establish metering database to satisfy requirements for competitive wholesale
electricity market. Manage metering data measured at boundary metering points
and obtained from the National Power Transmission Corporation and power
corporations in order to simulate operation and payment made in the pilot
competitive wholesale electricity market in 2017;
- Upgrade
software, payment tools, electricity market website and relevant tools to
satisfy requirements for implementation of phase 2 of the plan for operation of
pilot competitive wholesale electricity market in 2017 according to Point b,
Clause 4, Article 1 of this Decision.
b)
complete preparation for real payment before September 15, 2017. To be
specific:
- Collect
remote metering data at boundary metering points of Power as prescribed
in Points a, Clause 3, Article 1 of this Decision;
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c) review
and formulate a plan for training and improving personnel and information
technology infrastructure to satisfy requirements for implementation of phases
of operation of wholesale electricity market in 2017 and submit it to EVN;
d)
calculate power loss in 2017, including: power loss on entire transmission
system, power loss on line connecting regions, power loss from the delivery
point of a power plant to the reference node representing a region to serve
payment made in the competitive wholesale electricity market. Submit a report
to ERAV in the third quarter of 2017;
dd)
submit reports on operation of pilot competitive wholesale electricity market
in 2017 before the 10th every month to ERAV.
e)
instruct power corporations in considering formulating plans and installing
tools for forecasting power corporations' load, making payment, cross-checking
and confirming payment and using current software.
4. Assign the National Power Transmission Corporation to:
a)
continue to improve the metering infrastructure under its management according
to the Circular No. 42/2015/TT-BCT;
b)
install necessary equipment at substations that have delivery metering points
bordering with power corporations under the management of EVN to completely
establish a connection to the metering data collection system of the National
Load Dispatch Centre before June 15, 2017. Cooperate with the National Load
Dispatch Centre to completely establish a connection to its metering data
collection system before September 15, 2017;
c)
Complete the metering data collection and management system to collect and
provide metering data at metering points bordering power corporations for the
National Load Dispatch Centre to serve operation of pilot competitive wholesale
electricity market in 2017 before June 15, 2017.
5. Assign power corporations to:
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b)
prepare a plan, provide training, complete methods and install tools for
forecasting load to satisfy requirements for operation of wholesale electricity
market before September 15, 2017;
c) complete
the metering data collection and management system to collect and provide
metering data at boundary metering points under their management and provide it
for the National Load Dispatch Centre to serve operation of pilot competitive
wholesale electricity market in 2017 before June 15, 2017;
b)
cooperate with the National Load Dispatch Centre in completely establish a
connection to its metering data collection system to collect remote metering
data at boundary metering points under their management before September 15,
2017;
dd)
cooperate with ERAV in developing methods, considering distribution of
agreements and assessing regulation demand among power corporations;
e) submit
reports on participation in pilot competitive wholesale electricity market in
2017 and issues that arise before the 10th every month to ERAV.
6. Assign the Electric Power Trading Company to:
a)
consolidate all lists of metering points and delivery methods at the
electricity purchase boundary, review methods of delivering electricity to
power corporations,
c)
cooperate with the National Load Dispatch Centre in collecting remote metering
data at boundary metering points to serve pilot operation of competitive
wholesale electricity market in 2017 before September 15, 2017;
a) complete
preparation for infrastructure and personnel to satisfy requirements for
participation in pilot competitive wholesale electricity market in 2017;
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7. Assign generators to complete preparation for
infrastructure and personnel to satisfy requirements for participation in pilot
competitive wholesale electricity market in 2017.
Article 3. The Director of Electricity Regulatory Authority
of Vietnam, Chief of the Ministry Office, Chief of the Ministry Inspectorate,
Directors and General Directors of relevant departments or authorities
affiliated to Ministries, General Director of Vietnam Electricity, generators,
power corporations, National Load Dispatch Centre, Electric Power Trading
Company, National Power Transmission Corporation and relevant organizations and
individuals are responsible for the implementation of this Decision./.
THE MINISTER
Tran Tuan Anh
APPENDIX
PROGRESS IN PREPARATION FOR
OPERATION OF PILOT COMPETITIVE WHOLESALE ELECTRICITY MARKET IN 2017
(Enclosed with the Decision No. 709/QD-BCT dated March 08, 2017 of the
Minister of Industry and Trade)
No.
Preparations
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Presiding authority
Cooperating authority
I
Collecting
and managing metering data
1
Install
necessary equipment at delivery boundary stations under their management to establish
a connection to the A0’s existing metering data collection system
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National
Power Transmission Corporation, power corporations (under management)
National
Load Dispatch Centre
2
National
Power Transmission Corporation and power corporations shall collect metering
data at boundary metering points and provide it for the National Load
Dispatch Centre in order to serve simulation of operation and payment (phase
2)
15/6/2017
National
Power Transmission Corporation, power corporations (under management)
National
Load Dispatch Centre
3
Establish
and manage metering database to serve operation of pilot competitive
wholesale electricity market
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National
Load Dispatch Centre
4
The
National Load Dispatch Centre shall connect and collect remote metering data
at boundary metering points of power corporations
15/9/2017
National
Load Dispatch Centre
National
Power Transmission Corporation, Electric Power Trading Company and power
corporations
II
Forecasting
load of power corporations
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1
Prepare
a plan for provision of training in load forecasting (medium and long term)
to satisfy requirements for wholesale electricity market
30/3/2017
Power corporations
2
Provide
training in load forecasting
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Power
corporations
ERAV,
EVN, National Load Dispatch Centre
3
Develop
methods and tools for load forecasting
15/9/2017
Power
corporations
ERAV, EVN,
National Load Dispatch Centre
4
Test,
assess and complete methods and tools for load forecasting
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Power
corporations
ERAV,
EVN, National Load Dispatch Centre
III
Considering
distributing agreements to power corporations
1
Complete
methods and tools for agreement distribution
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ERAV
EVN,
National Load Dispatch Centre, power corporations, Power Generation
Corporations
2
Distribute
agreements according to plans to serve simulation of operation and payment
15/6/2017
ERAV
EVN,
National Load Dispatch Centre, power corporations, Power Generation
Corporations
3
Distribute
agreements according to plans to serve real payment
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ERAV
EVN,
National Load Dispatch Centre, power corporations, Power Generation
Corporations
IV
Estimating
regulation demand among Power corporations
1
Develop
and complete methods of estimating regulation demand among Power corporations
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ERAV
EVN,
power corporations, Electric Power Trading Company
2
Collect
data and estimate regulation demand among Power corporations
15/6/2017
ERAV
EVN, power
corporations, Electric Power Trading Company
3
Carry
out review and assessment of effects of regulation among Power corporations
on pilot competitive wholesale electricity market in 2017 to propose an
appropriate mechanism
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ERAV
EVN,
power corporations, Electric Power Trading Company
V
Information
technology infrastructure for operation of pilot competitive wholesale
electricity market in 2017
1
Review and
assess requirements for information technology requirements to serve
implementation of phases of pilot competitive wholesale electricity market in
2017
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National
Load Dispatch Centre
National
Power Transmission Corporation, Electric Power Trading Company and power
corporations
2
Complete
requirements for information technology infrastructure for simulation of
operation and payment (Phase 2)
15/6/2017
National
Load Dispatch Centre
National
Power Transmission Corporation, Electric Power Trading Company and power
corporations
3
Complete
requirements for information technology infrastructure for real payment
(Phase 3)
...
...
...
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đăng ký Thành Viên
TVPL Pro để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ:
ĐT: (028) 3930 3279 DĐ: 0906 22 99 66
National
Load Dispatch Centre
National
Power Transmission Corporation, Electric Power Trading Company and power
corporations
VI
Personnel,
provision of training
1
Provide
personnel and training to serve simulation of operation and payment (Phase 2)
...
...
...
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TVPL Pro để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ:
ĐT: (028) 3930 3279 DĐ: 0906 22 99 66
National
Load Dispatch Center, National Power Transmission Corporation, Electric Power
Trading Company and Power corporations
ERAV,
EVN
2
Provide
personnel and training to serve real payment (Phase 3)
15/9/2017
National
Load Dispatch Center, National Power Transmission Corporation, Electric Power
Trading Company and Power corporations
ERAV,
EVN
VII
Operating
pilot competitive wholesale electricity market
...
...
...
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TVPL Pro để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ:
ĐT: (028) 3930 3279 DĐ: 0906 22 99 66
1
Review and
inspect satisfaction of conditions precedent for Phase 2 - Simulating
operation and payment
15-
30/6/2017
ERAV
EVN,
National Load Dispatch Centre, National Power Transmission Corporation, Electric
Power Trading Company, power corporations, Power Generation Corporations
2
Implement
Phase 2 - Simulating operation and payment
...
...
...
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TVPL Pro để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ:
ĐT: (028) 3930 3279 DĐ: 0906 22 99 66
National
Load Dispatch Centre, National Power Transmission Corporation, Power
corporations, Power Generation Corporations
ERAV,
EVN
3
Review
and inspect satisfaction of conditions precedent for Phase 3 - Real payment
15-
30/9/2017
ERAV
EVN,
National Load Dispatch Centre, National Power Transmission Corporation,
Electric Power Trading Company, power corporations, Power Generation
Corporations
4
Implement
Phase 3 - Real payment
...
...
...
Bạn phải
đăng nhập hoặc
đăng ký Thành Viên
TVPL Pro để sử dụng được đầy đủ các tiện ích gia tăng liên quan đến nội dung TCVN.
Mọi chi tiết xin liên hệ:
ĐT: (028) 3930 3279 DĐ: 0906 22 99 66
National
Load Dispatch Centre, National Power Transmission Corporation, power
corporations, Power Generation Corporations
ERAV,
EVN