Lessons Learned From Techno-Economic Analysis of Solar Photovoltaics and Battery Energy Storage at a Vietnam Industrial Park

Kathleen Krah, Jonathan Morgenstein

Research output: NREL › Fact Sheet

Abstract

Through the Clean Energy Investment Accelerator (CEIA), engineers from the United States (U.S.) National Renewable Energy Laboratory (NREL) conducted a case study analysis evaluating the techno-economic feasibility of battery energy storage systems (BESS) at an industrial park in Vietnam. The analysis uses NREL's REopt platform, a distributed energy modeling and optimization tool, to identify the cost-optimal system sizing for BESS, in conjunction with onsite renewables such as solar photovoltaics (PV), to reduce electricity costs, increase onsite renewable energy generation utilization, and improve resilience to grid outages.
Original languageAmerican English
Number of pages2
StatePublished - 2023

NREL Publication Number

  • NREL/FS-7A40-84424

Keywords

  • batteries
  • BESS
  • case study
  • CEIA
  • Clean Energy Investment Accelerator
  • industrial park
  • lessons learned
  • PV+BESS
  • REopt
  • solar
  • Solar + Storage
  • Southeast Asia
  • storage
  • Vietnam

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  • SDG 7 - Affordable and Clean Energy

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