Nghiên ứu sử dụng hợp đồng phái sinh trong quản trị rủi ro tài chính đơn vị phát điện của thị trường điện cạnh tranh việt nam

Stephen Wallace, Dr.. Stuart Thorncraft 2017, Development of detailed design for wholesale electricity market of Viennam.. Stephen Wallace, Dr.. Stuart Thorncraft 2017, VietNam Wholesale

NGUYEN HUU MANH 2

NGUYEN HUU MANH 3

M C L C  

 1

 2

 3

 5

 6

DANH M 7

            

TRONG   11

1.1   11

1.1.1  11

 11

 12

 13

 15

 15

 17

1.2.4  18

 19

 19

  21

 22

 23

                        24

 (VCGM) 24

 24

 28

 30  32

NGUYEN HUU MANH 4

2.2 

 V Nam 36

2.3    37

    56

3.1  56

3.1.1  58

 60

 61

 61

 61

3.2  62

  62

  63

3.3   64

 64  64

3.4   65

3.4          65

3.4.2    66

3.4.3   70

3.4 71

 73

 74

NGUYEN HUU MANH 5

CAN t th  ng  CfD 

VCGM  

VWEM 

NGUYEN HUU MANH 6

B  u ngu  27

B  u ngu  n theo ch   u 28

B ng 2.1 T l c    m k  t s ng h  ng so v    43

B   6/2017 48

B   53

B ng 2.1 Bi   th i gian v   n 62

NGUYEN HUU MANH 7

 12

 13

 14

  15

  v ng k h n 15  

  v ng k h   16

   v p ng k h   16

   n 22

  th n Vi t Nam 24 

    t i h th n Vi t Nam 25 

 ng ph t i h th     n Vi t Nam 25 

 u ph t i c    26

 u lo  n 26

    ng ph t  nh 27   

  l ch s h u ngu     n 27

  v  ng   n c nh tranh Vi t Nam (   VCGM ) 28

   n 29

  v   n c nh tranh 32 

  ng 35 

   n 36

  v 37

  ng  38

 ng cam k  41

 ng cam k  41

s  ng cam k t Qc 42

 1 v h   43

 2 v h   44

  ng 45 

 u qu s d ng h     49

 u qu s d ng h     54

 ng quan v c   56

   59

NGUYEN HUU MANH 8

  h ng 64

  ch h  ng 66

  v ch h  ng 67

  ch h  ng 68

NGUYEN HUU MANH 9

b  c a hng  n Nh 

, m         gim thiu  ng c a s  

bia nhng rc kt qu  l i nhun tth ng

Sau ki n th c h  n o dthc c   n v vic qu n tr r i ro cho   

 n c a T n l c Vi t Nam (  EVN) trong th  ng 

n c nh tranh (VWEM) b ng h

2

2

  khi tham gia              

NGUYEN HUU MANH 10

m    a r i ro H c th o lu 

     ng trong th     n c   t

   h u hi u nh m qu n tr r i ro do nh ng bi       ng m nh v    n trong th m bo s ho  ng    nh c a Th n Vi t Nam 

NGUYEN HUU MANH 11

NGUYEN HUU MANH 12

NGUYEN HUU MANH 13

NGUYEN HUU MANH 14

NGUYEN HUU MANH 15

Th  ng giao d ch    phi t ch  y u:



  v ng k h n  

NGUYEN HUU MANH 16

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NGUYEN HUU MANH 18

   m : Th nh t,    h

n trong hng k h n, h  

gi i quy c v n   c hii mgiao dn mt

NGUYEN HUU MANH 19

 c r i ro v t   thut hay t  i

NGUYEN HUU MANH 20

-    s bitrong mch.H      tr v i m t v th trong tay   Giao dng t ph

NGUYEN HUU MANH 21

  m t mp (asked) H ph  i y ban giao d

  d n l m d ng  quy n giao d  sinh l i Nh n ph i tr i qua nh ng th t    c

ki m tra k    thng kim h n ch  sai phm

1.2.6.4 Nh    ng

- Nh  c i c cho FCM b n l p nh n l nh G n gi ng nh    

NGUYEN HUU MANH 22

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NGUYEN HUU MANH 25

- V

- 41422MW

- u:

+ Thn + Nhin Than + Nhin d u + Nhit n tuabin khi +  t tr i + Xut nh p kh       c Trung Qu  

0 5000 10000 15000 20000 25000 30000

Biểu đồ tăng trưởng tải đỉnh qua các năm (2001 – 2016)

Quốc gia Bắc Trung Nam

NGUYEN HUU MANH 26

NGUYEN HUU MANH 27

Genco 1 17%

Genco 2 12%

Genco 3 17%

TKV Power 4%

PV Power 12%

Tư nhân 10%

[CATEG ORY NAME]

[PERCEN TAGE]

Cơ cấu nguồn theo chủ sở hữu

NGUYEN HUU MANH 28

t  ch n vi c truy c p nh  nh ca

NGUYEN HUU MANH 29

SMHPs, NM CC dịch vụ phụ trợ

Thành viên giao dịch trực ếp

Người bán Các nhà máy, SB

Người mua

SB

Đơn vị cung cấp dịch vụ

SMO, TNO, MDMSP

NGUYEN HUU MANH 30

NGUYEN HUU MANH 31

- Nhp khi truy n t n nh p kh c

  v i m t ph n s  n s  qua th  ng h n s 

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2.2    r n trong tham gia

NGUYEN HUU MANH 37

NGUYEN HUU MANH 38

ng chu k giao d c sau:

i i

NGUYEN HUU MANH 39

CANi: Gt th  ng trong chu k giao d  ng/kWh)   

NGUYEN HUU MANH 40

NGUYEN HUU MANH 41

 ng cam k 

AGO  GO  EGO b GOAGO  a    a GO

NGUYEN HUU MANH 42

t dk

t dk c

t c

Q

Q Q

Q

NGUYEN HUU MANH 43

NGUYEN HUU MANH 44

NGUYEN HUU MANH 45

NGUYEN HUU MANH 46



 

 

 33,862 - 932 33,862 31,571,351,140 31,571,351,140

 18,669 10,068,848,068 1,044 13,140 9,909,304,390 19,978,152,458

 236,701 133,470,450,425 1,219 211,890 142,321,092,538 275,791,542,963  

1 509,785 281,714,604,606 1,385 537,270 453,774,475,975 735,489,080,581

 52,152 30,608,878,556 1,240 50,460 34,278,253,167 64,887,131,723

 38,616 - 891 68,700 34,412,150,257 34,412,150,257

NGUYEN HUU MANH 47



 

 

 33,636 1,874,050,821 1,099 30,270 33,279,965,624 35,154,016,445

 15,581 827,350,635 831 14,012 11,647,181,341 12,474,531,976

 27,374 - 946 27,374 25,899,845,793 25,899,845,793

 25,170 19,513,045,540 477 21,770 -4,751,853,196 14,761,192,344

NGUYEN HUU MANH 48



 

 

NGUYEN HUU MANH 49

NGUYEN HUU MANH 50

NGUYEN HUU MANH 51

NGUYEN HUU MANH 52

NGUYEN HUU MANH 53

NGUYEN HUU MANH 54

NGUYEN HUU MANH 55

NGUYEN HUU MANH 56

VIT NAM (VWEM)

3.1 T ng quan th      n c nh tranh Vi t Nam  

NGUYEN HUU MANH 57





NGUYEN HUU MANH 58

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NGUYEN HUU MANH 64





              EVN/EPTC t

n canh tranh Vi t Nam 

v        n c nh tranh Vi    xu t c n  

 ho giao d ch h ng tgiao d ch h ng t xu t nh m h    tr   c

c sng h  th a ho c thi u v  th ch t hong c

NGUYEN HUU MANH 65

giao d ch h ng t p trung trong th   t ph n 

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ng b ng t h  ng cn s  c s 

d ng b   t i c ng tm

NGUYEN HUU MANH 67

  t t nhng v i s tham gia c a nhi   

NGUYEN HUU MANH 68

  ch h  ng

*  n truy n t   FTR:

NGUYEN HUU MANH 69

hc giao d n truy n t FTR;

NGUYEN HUU MANH 70

NGUYEN HUU MANH 71

a nhi  ng giao ngay 

   t do (Price based), thanh

nh t gi a 2 t    ch giao d ch chn New Zeng c 2 d ng h p   

NGUYEN HUU MANH 72

NGUYEN HUU MANH 73

K T  LUN

V i kh   m thi u r i ro t  tham gia th  ng khi t l s  n theo hm d n trong 

   

n c nh tranh Vi t Nam nh m t o ra m    ng minh bn

ch  r tham gia th  c bi n

NGUYEN HUU MANH 74

[1] Mr Stephen Wallace, Dr Stuart Thorncraft (2017), Development of detailed

design for wholesale electricity market of Viennam

[2] Mr Stephen Wallace, Dr Stuart Thorncraft (2017), VietNam Wholesale

Electric Market  Advanced Training