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.

Why is the demand for battery energy storage systems accelerating in Vietnam?

Export-oriented businesses, especially in manu-facturing, are under growing pressure to meet stringent requirements. At the same time, the demand for battery energy storage systems (BESSs) is accelerating, driven by Vietnam’s abundant renewable energy (RE) potential, particularly in solar and wind power.

Is Vietnam a good market for energy storage solutions?

Vietnam represents a promising market for German and European small and medium-sized enterprises (SMEs) specialising in energy storage solutions, thanks to their technical expertise and established reputation in RE technologies.

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.

How a Bess project is promoting energy storage in Vietnam?

Encouraging domestic enterprises to invest in new technologies will promote the growth of the energy storage indus-try in Vietnam. Investment in BESS projects in Vietnam is attract-ing the attention of international partners due to the country’s strong potential for RE development.

How will Vietnam's grid infrastructure improve the energy supply?

Vietnam’s grid infrastructure is increasingly being modernised to meet the growing demand for energy. An improved grid will facilitate the integration of BESSs, allowing for better management of fluctua-tions in the supply of energy from renewable sources.