Currently, GEAPP is testing a battery energy storage system that integrates with the national grid for the first time, in collaboration with the Asian Development Bank, Rocky Mountain Institute, and the Vietnam Energy Institute (VEI).
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Sunita Dubey and Hyunjung Lee share how Vietnam is leveraging Battery Energy Storage Systems to stabilize their grid and accelerate the energy transition.
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.
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.
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.
Why should Vietnam invest in a lithium battery?
The declining cost of lithium battery cells, coupled with technological advancements, has made BESS increasingly affordable and accessible, according to Contemporary Amperex Technology, the world's largest battery manufacturer. Vietnam should capitalise on this trend to attract investment, create green jobs, and enhance energy security.
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: