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Circular No. 18/2012/TT-BCT dated June 29, 2012 of the Ministry of Industry and Trade on the supervision of competitive electricity market
10/10/2012
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THE MINISTRY OF INDUSTRY AND TRADE
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No. 18/2012/TT-BCT

THE SOCIALIST REPUBLIC OF VIETNAM
Independence– Freedom – Happiness
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Hanoi , June 29, 2012

 

CIRCULAR

ON THE SUPERVISION OF COMPETITIVE ELECTRICITY MARKET

 

Pursuant to the Government’s Decree No. 189/2007/ND-CP on December 27, 2007 on defining the functions, tasks, powers and organizational structure of the Ministry of Industry and Trade; the Government’s Decree No. 44/2011/ND-CP on June 15, 2011 on amending and supplementing Article 3 of the Government’s Decree No. 189/2007/ND-CP on December 27, 2007 on defining the functions, tasks, powers and organizational structure of the Ministry of Industry and Trade;

Pursuant to Law on Electricity on December 03, 2004;

Pursuant to the Prime Minister’s Decision No. 26/2006/QD-TTg on January 26, 2006 on approving the roadmap and conditions for formation and development of different levels of the electricity market in Vietnam;

The Minister of Industry and Trade promulgated the Circular on the supervision of competitive electricity market as follows:

Chapter 1.

GENERAL PROVISIONS

Article 1. Scope of regulation

This Circular prescribes the supervision of competitive electricity market and responsibilities of the units participating in the electricity market

Article 2. Subjects of application

This Circular is applicable to the following units:

1. Electricity generation units

2. The electricity market and electricity system operation units.

3. The exclusive wholesale unit.

4. The electricity transmission units.

5. The electricity distribution units.

Article 3. Interpretation of terms

In this Circular, the following terms are construed as follows:

1. Market intervention: specified in Article 55 of the Circular No. 18/2010/TT-BCT on May 10, 2010 of the Ministry of Industry and Trade on the operation of competitive electricity market (hereinafter referred to as the Circular No. 18/2010/TT-BCT).

2. Ancillary services are services of frequency adjustment, spinning reserve, operating reserve, non-spinning reserve due to the restriction of electricity system security, voltage regulation and black start.

3. Electricity market data is the data of every input and output figures of the electricity system and market operation plans; the payment calculation the electricity market after the operation date, calculated and managed by electricity market and electricity system operation units...

 

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