VFES 2025 will focus on Vietnam''s energy transition roadmaps, policies / renewables and energy storage / LNG / power grid infrastructure investment, technology innovation in decarbonization
Sep 3, 2023 · - The Ho Chi Minh City Department of Industry and Trade (HCMC DOIT) has just proposed a specific mechanism to develop on-site power generation, focusing on rooftop solar
May 14, 2003 · Electricity of Vietnam (EVN) said it would invest VND10tn ($665m) to increase the electricity supply in Ho Chi Minh City from the current 25.5m kWh a day to 64.6m kWh a day
Nov 6, 2024 · Are you planning a trip to Vietnam? Amidst the excitement of exploring a country rich in culture, history, and stunning landscapes, an often-overlooked aspect can make or
Aug 18, 2025 · Vietnam will have to use 720 million tons of domestic coal, along with 680 million tons of imported coal, to supply to power plants in the period
Sep 1, 2024 · Ho Chi Minh City Power Corporation (EVNHCMC) is one of the 5 power distribution corporations under the Vietnam Electricity Group (EVN), with the main task of distributing
Nov 17, 2021 · In renewable energy, Vietnam is a regional leader. But there''s a problem. Transmission lines lack the capacity to carry all that power to where
Apr 23, 2025 · EVN has developed multiple supply scenarios to ensure energy security, including provisions for demand growth of up to 12–13 per cent.
Hanoi, June 26, 2025 – Amid a strong energy transition and Viet Nam''s efforts to fulfill its commitments toward achieving net-zero emissions by 2050, the research and deployment of
Sep 9, 2024 · Additionally, Ngoc mentioned several waste-to-energy incineration projects in the planning stages, such as the solid waste treatment plant and energy recovery project at the
One of the key highlights of Vietnam''s revised Power Development Plan VIII (PDP8) is the significant increase in the targets for Battery Energy Storage Systems (BESS). The original
Aug 19, 2025 · Microgrid Control is a solution that helps increase the ability to safely store in case of power outages or problems in the power supply system and optimally coordinates power
Feb 12, 2024 · 2025 Outlook: 3 Trends Reshaping Distribution Channels Battery-as-a-Service: Farmers in Mekong Delta now lease storage systems like they lease rice fields [4] Second-life
Apr 17, 2025 · Vietnam''s government has approved the adjustment of the National Power Development Plan for the 2021-2030 period, with a vision to 2050 (PDP8). The revision sets
Jun 16, 2023 · An intensely hot summer and unprecedented drought are straining energy supplies in northern Vietnam, prompting rolling blackouts and sudden
Dec 13, 2024 · Battery Energy Storage Systems (BESS) offer a transformative opportunity to modernize the energy sector. BESS enhances grid stability and facilitates renewable energy
Sunita Dubey and Hyunjung Lee share how Vietnam is leveraging Battery Energy Storage Systems to stabilize their grid and accelerate the energy transition.
The largest electricity storage project in Vietnam is the Bac Ai Pumped Storage Hydropower Project. Located in Ninh Thuan province, the project has a capacity of 1,200 MW and is expected to play a crucial role in stabilizing the grid when it completes in a few years.
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.
Marubeni aims to further strengthen its strategic partnership with Vingroup while developing new power services in Vietnam. Through these efforts, Marubeni will contribute to a stable power supply for commercial and industrial consumers in the country. Battery Energy Storage System Overview:
The variability of renewable energy sources, combined with the increasing demand often results in unreliable supply and frequent power shortages. 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.
Regulatory Landscape The Vietnamese government has recognized the importance of BESS in the country's energy transition. The revised National Energy Policy includes new incentives for BESS installations, such as tax credits and subsidies, which are aimed at accelerating the adoption of energy storage solutions.
The global industrial and commercial energy storage market is experiencing explosive growth, with demand increasing by over 250% in the past two years. Containerized energy storage solutions now account for approximately 45% of all new commercial and industrial storage deployments worldwide. North America leads with 42% market share, driven by corporate sustainability initiatives and tax incentives that reduce total project costs by 18-28%. Europe follows closely with 35% market share, where standardized industrial storage designs have cut installation timelines by 65% compared to traditional built-in-place systems. Asia-Pacific represents the fastest-growing region at 50% CAGR, with manufacturing scale reducing system prices by 20% annually. Emerging markets in Africa and Latin America are adopting industrial storage solutions for peak shaving and backup power, with typical payback periods of 2-4 years. Major commercial projects now deploy clusters of 15+ systems creating storage networks with 80+MWh capacity at costs below $270/kWh for large-scale industrial applications.
Technological advancements are dramatically improving industrial energy storage performance while reducing costs. Next-generation battery management systems maintain optimal operating conditions with 45% less energy consumption, extending battery lifespan to 20+ years. Standardized plug-and-play designs have reduced installation costs from $85/kWh to $40/kWh since 2023. Smart integration features now allow multiple industrial systems to operate as coordinated energy networks, increasing cost savings by 30% through peak shaving and demand charge management. Safety innovations including multi-stage fire suppression and thermal runaway prevention systems have reduced insurance premiums by 35% for industrial storage projects. New modular designs enable capacity expansion through simple system additions at just $200/kWh for incremental capacity. These innovations have improved ROI significantly, with commercial and industrial projects typically achieving payback in 3-5 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial systems (1-2MWh) starting at $330,000 and large-scale systems (3-6MWh) from $600,000, with volume discounts available for enterprise orders.