Can battery energy storage be commercially viable in Vietnam?

The BESS project aims to demonstrate the commercial viability of battery energy storage in Vietnam and showcase the practical benefits of renewable energy, including its reliability and efficiency. It also seeks to help Vietnam meet its climate action targets.

Can energy storage help Vietnam meet climate goals?

Co-funded by a grant from U.S. Mission Vietnam, the pilot project will demonstrate how energy storage can help Vietnam integrate more renewable energy into its power system to meet ambitious climate goals.

What is battery energy storage system (BESS)?

Battery Energy Storage Systems (BESS) play a pivotal role in addressing these challenges by minimising the intermittency of renewables, enhancing grid flexibility, and ensuring reliable power supply. In a significant development, Vietnam Electricity (EVN) has secured approval for its first pilot BESS project with a capacity of 50 MW/50MWh.

Can battery energy storage systems improve power system flexibility?

Recently, Vietnam’s National Power Transmission Corporation (EVNNPT) shared that it is looking into Battery Energy Storage Systems (BESS) among several technology options as an appropriate solution. This technology can enhance power system flexibility and enable high levels of renewable energy integration.

Did Marubeni launch a megawatt-scale battery storage demonstration project in Vietnam?

The project’s official inauguration event held in December. Image: VinGroup. A green energy subsidiary of Japanese conglomerate Marubeni has brought online a megawatt-scale battery storage demonstration project in Vietnam.

Can Bess be integrated into Vietnam's power grid?

In an effort to facilitate the integration of BESS into Vietnam’s power grid, the Electricity and Renewable Energy Authority (EREA) of the Ministry of Industry and Trade recently hosted a technical workshop in collaboration with GEAPP.