Vietnam Energy Storage Sharing Power Station: The Future of Sustainable Energy?

2019-07-03 02:45

Why Vietnam’s Energy Storage Market Is Heating Up

Vietnam, a country where tropical heatwaves push air conditioners to their limits, faces frequent power shortages. In 2023 alone, blackouts cost the economy $1.4 billion[5]. Enter energy storage sharing power stations—think of them as giant "power banks" for the national grid. These shared facilities are becoming Vietnam’s secret weapon to balance renewable energy spikes and keep the lights on. Let’s unpack why this market is exploding.

The Players: From Global Giants to Local Heroes

Vietnam’s energy storage scene isn’t just a theoretical concept. Real projects are already making waves:

Vingroup x Marubeni: This dynamic duo launched Vietnam’s first commercial BESS (Battery Energy Storage System) in 2024—a 3.7MWh system at Vinpearl Resort that slashes energy costs using time-of-day pricing magic[2].
Tianneng x BEIN: China’s battery titan partnered with a Vietnamese firm in 2023 to deploy storage solutions across Southeast Asia. Their secret sauce? Combining Tianneng’s tech with BEIN’s local market savvy[1].
Homegrown Innovation: VinES (Vietnam’s only battery maker) and Solar BK are installing 300 pilot rooftop solar+storage systems. Talk about grassroots energy revolution![9]

3 Drivers Fueling the Storage Gold Rush

1. Government Plays Catch-Up With Reality

Vietnam’s energy policy resembles a motorbike stuck in Hanoi traffic—moving forward but not fast enough. While the country aims for 23% renewable energy by 2025[3], current regulations lack storage incentives. But change is brewing:

New PPP (Public-Private Partnership) models for shared stations
Plans to integrate storage into national power development plans by 2025[5]

2. Islands, Factories, and Solar Farms – Oh My!

Vietnam’s geography makes storage non-negotiable. With 3,000+ islands and factories gobbling power:

Phu Quoc Island uses storage-backed microgrids to ditch diesel generators
Textile manufacturers in Ho Chi Minh City save 15% on bills via shared peak-shaving systems[7]

3. The "Battery Belt" Phenomenon

China’s battery giants are turning Vietnam into their Southeast Asian hub:

Gotion High-Tech’s $275M LFP battery factory in Ha Tinh Province
Trina Solar’s new vertical integration plant combining solar panels + storage[3]

Cold Hard Numbers Don’t Lie

Let’s crunch some data that’ll make any investor’s eyes light up:

15GWh: Forecasted ASEAN energy storage capacity by 2030[3]
35.6% CAGR: Growth rate for Vietnam’s outdoor liquid-cooled storage systems (2024-2030)[10]
$0.55/kWh: Current LCOE for shared storage vs. $0.72 for diesel[5]

Real-World Wins (and Facepalms)

The Good: Marubeni’s Vinpearl project proved storage could cut resort energy costs by 22% annually[2].
The Ugly: A 2023 solar farm in Ninh Thuan Province had to idle storage capacity due to unclear regulations—like buying a Ferrari but only using it for grocery runs[5].

What’s Next? 3 Trends to Watch

VPP (Virtual Power Plants): Aggregating distributed storage systems to act as one
Second-Life Batteries: Using EV batteries in storage stations (pioneered by VinFast)[2]
Milk Tea Shop Model: Small businesses leasing storage capacity like bubble tea franchises[7]

As Vietnam races toward its net-zero goals, one thing’s clear: The country isn’t just adopting energy storage—it’s reinventing how developing nations approach power infrastructure. Will your business be part of this $189.7 billion opportunity by 2030[10]?

[1] 越南储能项目，签约-同花顺财经 [2] 越南Vingroup和日本丸红在越南推出3.7MWh储能项目 [3] 突围2024，东南亚储能市场潜力大 [5] 缺电危机越南上演储能风刮东南亚? [7] 超43GWh!4个储能项目上新-新浪财经 [9] 扩大户用光储市场，越南唯二储能产业龙头企业牵手合作 [10] 2024年越南户外液冷储能系统行业现状及前景分析2024