Table: Typical 5-segment TOU Electricity Price Structure in Vietnam (Source: EVN & MOIT Circular 13/2025/TT-BCT). Table: Typical 5-segment TOU Electricity Price Structure in Vietnam (Source: EVN & MOIT Circular 13/2025/TT-BCT). STUDY ON PRICING MECHANISM FOR GRID- CONNECTED INDEPENDENT BESS IN VIETNAM MINISTRY OF INDUSTRY AND TRADE INSTITUTE OF ENERGY 2 KEY CONTENTS 1. Overview of BESS's economic and financial issues in the world 2. Technology selection, investment costs, O&M costs of grid-connected BESS in Vietnam 3. . Vietnam's electricity prices have entered the “refined time-of-use” era, presenting a golden window for energy storage. Starting from May 10, 2025, Vietnam has officially implemented a 5-tier time-of-use electricity price (5-tier TOU) for industrial and commercial users with a capacity of over 40. . Why are factories in Ho Chi Minh City paying $0. 28/kWh for unstable grid power when commercial energy storage systems now offer 30% cost savings? Vietnam's 2026 energy storage market is reaching critical mass. With industrial electricity demand surging 12% annually and rooftop solar FIT rates. . The industrial park buys power from the state utility, Vietnam Electricity Corporation (EVN), on wholesale time-of-use (TOU) rates, and sells electricity to tenants, while also operating the park's distribution system. Total annual electric loads on the two feeders evaluated are currently (2022). . - The Ministry of Industry and Trade (MOIT) is drafting a Circular that sets out the pricing mechanism for electricity generation services provided by Battery Energy Storage Systems (BESS), as well as the key terms of power purchase agreements applicable to this new type of facility. Economic sectors with high potential for BESS applications 40 5.
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