Vietnam is preparing to transition its power system beyond basic Time-of-Use (TOU) tariffs and industrial demand response programs toward virtual power plants (VPPs).
From ESS News
Vietnam is preparing to transition its power system beyond basic Time-of-Use (TOU) tariffs and industrial demand response programs toward virtual power plants (VPPs).
According to a publication by Vietnam’s Ministry of Industry and Trade (MOIT) via its Industry Agency and penned by Nguyen Huy Hoach, Scientific Council of the Vietnam Energy Journal, authorities are beginning to express early thoughts on aggregation platforms. The concept, one explored in many other regions, will aim to link what the country said will be distributed rooftop solar, behind-the-meter battery energy storage systems (BESS), and electric vehicles into flexible grid assets.
By orchestrating thousands of distributed energy resources (DERs) through algorithmic dispatch and controls, grid operators can absorb potential midday PV generation, and dispatch stored energy during the evening peak.
