The Vietnamese Government has recently issued Decision No. 05/2024/QD-TTg on March 26, 2024, regulating the mechanism for adjusting the average retail electricity price. Effective - May 15, 2024
Key points are as below: Annual Adjustment of retail electricity price: All-round factoring (generation, transmission, distribution, system operation, and market transaction management). In-Year Adjustments: Within the year, the average electricity price will be reviewed based on updated input parameters, including generation costs and costs from power plants providing
Source: energycentral.com
