Economy 24h: Proposal to expand the subjects of application of peak hour electricity prices

Hạ Linh |

Proposal to apply peak hour electricity prices to domestic electricity users; 57,000 fake masks counterfeiting Korean brands discovered;...

Ministry of Industry and Trade proposes to apply peak hour electricity prices to domestic electricity users

The Ministry of Industry and Trade is proposing to supplement the electricity price mechanism according to usage time per day (TOU) for domestic customers in the Draft Law amending and supplementing a number of articles of the Electricity Law. Accordingly, when technical conditions are met, people can apply different electricity prices according to peak hours, normal hours and off-peak hours to encourage economical and efficient electricity use.

Currently, domestic electricity still applies progressive tariffs. However, in the context of increasing electricity demand and facing many challenges in supply, the Ministry of Industry and Trade believes that it is necessary to study more tools to adjust electricity consumption behavior. The application of hourly electricity prices will only be implemented for eligible households, not applied widely to all domestic customers.

According to current regulations, the peak hours of the national power system are from 5:30 PM to 10:30 PM on Mondays to Saturdays; peak hours are from 0:00 AM to 6:00 AM daily. For production and business customers, the current peak hour electricity price is about 2.8-3.1 times higher than peak hours, showing that if this mechanism is applied to households in the future, electricity costs may change significantly depending on usage time. See more...

Peak heat, EVN recommends ways to use air conditioner to save electricity

During the extreme heat wave on June 24, the country's electricity consumption capacity set a new record, reaching about 58,456 MW, a sharp increase compared to the same period last year. To meet the increasing electricity demand, the system must mobilize maximum existing power sources, including some power sources with high operating costs, while many thermal power plants are experiencing reduced available capacity.

According to EVN, saving electricity is a quick and effective solution to reduce the pressure of investing in new power sources. Saving only about 2% of consumption capacity is equivalent to reducing the investment demand by about 1,000 MW of power generation capacity. Saving electricity use also helps limit the mobilization of expensive power sources, reducing operating costs for the entire system.

Phụ tải điện quốc gia lập kỷ lục mới.
National electricity load sets new record in hot weather conditions in the North.

EVN recommends that people set the air conditioner to about 26 degrees C, close the doors when using and regularly clean and maintain the equipment to save electricity. At the same time, it is advisable to limit the simultaneous use of many high-capacity devices during peak hours (around 6 pm - 11 pm). See more...

57,000 fake masks counterfeiting Korean brands discovered, all exhibits transferred to the police

Hanoi Market Management forces coordinated with Phu Luong Ward Police to inspect a cosmetics collection point at Van Noi service land area, Phu Luong ward and discovered 57,000 masks bearing the BANOBAGI brand with signs of counterfeiting, stating "Made in Korea".

Lực lượng Quản lý thị trường Hà Nội phối hợp với lực lượng Công an kiểm tra phát hiện và tạm giữ 57.000 miếng mặt nạ giả mạo nhãn hiệu BANOBAGI tại một điểm tập kết mỹ phẩm ở phường Phú Lương, Hà Nội. Ảnh: QLTT Hà Nội
Hanoi Market Management force in coordination with the Police force inspected, discovered and temporarily seized 57,000 fake masks of the BANOBAGI brand at a cosmetics gathering point in Phu Luong ward, Hanoi. Photo: Hanoi Market Management Department

Through verification by C-YOON Vietnam Co., Ltd. - the unit representing BANOBAGI's trademark rights in Vietnam, all of the above masks are not genuine products, not manufactured by the brand or allowed to be distributed in Vietnam, and the owner of the shipment could not present invoices or documents proving legal origin.

Determining that the case shows signs of a crime of infringing industrial property rights under Article 226 of the Penal Code, Market Management Team No. 11 has completed the file and transferred all 57,000 masks and related exhibits to the police agency for further investigation and handling according to legal regulations. See more...

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Ministry of Industry and Trade proposes to apply peak hour electricity prices to domestic electricity users

Tuyết Lan |

The Ministry of Industry and Trade proposes to supplement regulations on applying electricity prices during peak hours, off-peak hours and normal hours to residential customers when technical conditions permit.

Applying electricity prices during peak hours, many businesses will benefit

Tuyết Lan |

The difference in electricity prices between peak and off-peak hours will force businesses to recalculate production and business plans.

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