
In 2023, the new energy storage power station project will be put into operation, and a one-time reward will be given in the form of a post-event subsidy, and the investor will be given a post-event subsidy of not less than 0.15 yuan/kWh according to the grid-connected time node and discharge capacity, with a maximum reward of 3 million yuan for a single project. [pdf]

This project, developed by Vietnam Electricity (EVN) in collaboration with the Asian Development Bank (ADB), Rocky Mountain Institute (RMI), Global Energy Alliance for People and Planet (GEAPP), and the Vietnam Energy Institute, marks a crucial step towards Vietnam’s target of developing 300MW of energy storage by 2030, as outlined in the latest Eighth Power Development Plan (PDP 8). [pdf]

This comprehensive paper, based on political, economic, sociocultural, and technological analysis, investigates the transition toward electricity systems with a large capacity for renewable energy sources combined with energy storage systems (ESS), along with a comprehensive overview of energy storage technologies; the role of AI in the development of ESS is also presented. [pdf]

Prominent systems include pumped hydro storage, which involves using gravity to store energy in water reservoirs; 3. battery storage solutions, offering rapid response times and modular design; 4. compressed air energy storage that utilizes underground caverns for energy storage; 5. flywheel systems, which provide instant power through rotational energy; 6. thermal energy storage, where heat is captured for later use; 7. these technologies significantly contribute to the efficient and reliable operation of power stations, facilitating the integration of renewable sources into energy systems. [pdf]
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