The current situation of household energy storage in vietnam

Are battery energy storage systems economically feasible in Vietnam?

However, in Vietnam, there is a widely held industry perception that Battery Energy Storage Systems (BESS) are not economically feasible at this moment, while the country's first pumped storage hydropower (PSH) project Bac Ai with a capacity of 1,200 MW will not be commissioned until 20289.

How has energy consumption changed in Vietnam?

1. Introduction Vietnam has witnessed a rapid increase in energy consumption in the past two decades. The electricity supply to all sectors in the country has increased over seven-fold, from 343.68 kWh per capita in year 2000 to 2412.42 kWh per capita by year 2020 (General Statistics Office, 2001, 2021).

What is the current status of Vietnam's power system?

(i)Current status of Vietnam's power system with high RE (solar and wind power) rate, and the capacity of RE projects is greatly fluctuated. (ii) Advantages and disadvantages of operating a power system with a high RE rate. (iii) Demand and necessity of electricity storage in the current and future power system of Vietnam.

What is the current electricity supply in Vietnam?

The domestic electricity supply is currently dominated by coal-fired and fossil fuel-based thermal power plants which account for 59% of the whole system (Vietnam Electricity, 2021) and this figure is projected to slightly reduce to 57.3% by 2030 (Ministry of Commerce and Trade, 2019).

Is there a electricity shortage in Vietnam?

Although nearly all households in Vietnam have connected to the national grid, electricity shortage in the residential sector is still an issue.

Is the Vietnam economy energy-intensive?

Given the fact that the Vietnam economy is claimed to be energy-intensive while facing the problem of electricity shortage, government policies should focus on enhancing the efficient use of energy and educating people’s awareness of energy saving and the benefits of micro-RES. No potential conflict of interest was reported by the author (s).