Technical FAQs 4

Why do we need battery energy storage systems in Vietnam?

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. However, owing to the intermittent nature of these energy sources, storage solutions are required to ensure continuous electricity supply.

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.

How many MW will Vietnam's storage batteries be able to run?

The plan expects storage batteries to reach a capacity of 300 MW by 2030, accounting for 0.2% of Vietnam’s total electricity capacity. However, the policy framework for BESSs in Vietnam is still being refined and will continue to be adjusted to align with the country’s economic and environmental development goals.

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