Ho Chi Minh City (HCMC) is one of the major socio-economic centers with the highest growth rate in Vietnam and its electricity demand increases annually to serve the socio-economic development. The city’s electricity consumption grew at a rate of roughly 5%-6% each year in the 2015-2019 period, corresponding to a GRDP growth rate of about 7%-9% per year. This trend of increment in power consumption is expected to continue in the next years to fulfill the demands from the city’s socio-economic development and rapid urbanization.
The intensity of solar irradiation measured in HCMC is promising since it is among the localities that receive the most sunshine throughout the year in Vietnam. According to data from the Green Energy Program of HCMC, the average solar irradiation in Ho Chi Minh City is around 1,581 kWh/m2/year, peaked at 6.3 kWh/m2/day in February and reaches the lowest point in July at 3.3 kWh/m2/day. Throughout the year, the average hours of sunshine in a month range
s from 100-300 hours, with up to 300 hours/month for the dry season and 150 hours/month in the rainy season. Therefore, HCMC has a great potential for developing RTS. RTS growth in recent years is demonstrated through the RTS capacity fed to the grid detailed as follows:
Electric vehicle experiments:
Early in 2021, EVNHCMC introduced and piloted electric motorbikes for electricians at two of its subsidiaries, Saigon and Hocmon Power Companies. This is part of the effort towards means and tools standardization and production safety enhancement, providing the most favorable working conditions for workers. EVNHCMC plans to equip 400 electric motorbikes for its electricians at all other units in 2021.
For the prospects of investment in charging stations, EVNHCMC is coordinating with VinFast, a domestic electric vehicle manufacturer to develop charging station infrastructure for the city in anticipation of enormous demand for electric vehicles in Ho Chi Minh City in near future.