BESS is no longer viewed as auxiliary equipment but as a core component of the clean-energy ecosystem. The technology enables the storage of renewable electricity, stabilises grid frequency, eases transmission congestion and smooths peak and off-peak loads.
A group of 23 foreign direct investors in the renewable energy sector has recently submitted written petitions to some ministries regarding the issue of payment for 173 renewable power projects under the Feed-in Tariff (FIT) price mechanism.
The study also found that the revised PDP8 has a more efficient investment structure and reasonable development orientation than the global benchmarks based on reports of the International Energy Agency.
The draft resolution encourages private enterprises to participate in SMR development to supply electricity for industrial projects such as steel plants, petrochemical complexes, and data centres.
The summit is expected to bring together top business leaders, government representatives, and experts from various fields to explore collaboration opportunities in key areas such as trade, environmental, social and governance (ESG), and finance.
Deputy Prime Minister Bùi Thanh Sơn at a conference on Thursday asked strict penalties to be raised against developers of stagnant power projects to prevent setbacks from threating the national energy security.
The Ministry of Industry and Trade stressed the need to review direct power purchase agreements and new energy mechanisms to ensure transparency, feasibility and support for Việt Nam’s renewable energy transition.
Việt Nam is undergoing rapid change amid the Industry 4.0 and facing global challenges such as pollution, climate change, energy insecurity, and resource depletion.
Under the dispatch, the Prime Minister ordered that each authority must settle issues within its jurisdiction, and hold accountable for the accuracy and timeliness of its report.
The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG), marking a key step in accelerating the country’s shift from fossil fuels to cleaner energy.
According to EVN, the proposed price cap is based on input parameters developed by the Institute of Energy and d in accordance with the Việt Nam–Denmark Technology Handbook.