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China's Power Trading and Gas Supply Plans, Vietnam's Electricity Shortages, and Singapore's Gas Procurement
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Overview
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China plans to launch inter-provincial power trading and pilot more regional electricity grids, aiming to build a national spot market by 2030. Singapore will centralize the procurement and supply of gas to minimize electricity price volatility and ensure a stable power system. Vietnam faces electricity shortages until 2050 due to delays in the completion of power plants and increasing reliance on imports. EVN seeks approval to import electricity from Laos to address power shortages in the northern region. China considers compensating power generators for building coal-fired power plants as it transitions to clean energy.
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How will the launch of inter-provincial power trading impact the energy market in China?
What are the potential benefits and drawbacks of Singapore's gas procurement plan?
What measures can Vietnam take to address its electricity shortages and reduce reliance on imports?
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