VietnameseDecision No. 2987/QD-BCT approving the 2026 electricity generation price bracket for battery energy storage systems
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ATTRIBUTE
| Issuing body: | Ministry of Industry and Trade | Effective date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Official number: | 2987/QD-BCT | Signer: | Truong Thanh Hoai |
| Type: | Decision | Expiry date: | Updating |
| Issuing date: | 11/11/2026 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Electricity |
The Effect status of this document is known.This feature is available to Advanced account holders. Please log in to a subscriber account to view Effect status. Don’t have an account? Register here
THE MINISTRY OF INDUSTRY AND TRADE _______ No. 2987/QD-BCT | THE SOCIALIST REPUBLIC OF VIETNAM _____________________ Hanoi, November 11, 2026 |
DECISION
Approving the 2026 electricity generation price bracket for battery energy storage systems
________________
THE MINISTER OF INDUSTRY AND TRADE
Pursuant to the Electricity Law No. 61/2024/QH15 dated November 30, 2024;
Pursuant to Decree No. 351/2026/ND-CP dated September 11, 2026, of the Government, defining the functions, tasks, powers and organizational structure of the Ministry of Industry and Trade;
Pursuant to Circular No. 62/2025/TT-BCT dated December 10, 2025, of the Minister of Industry and Trade, prescribing dossiers, order, and methods for determination and approval of the electricity generation price bracket and methods for determination of electricity generation service prices applicable to energy storage battery systems; principal contents of the power purchase agreement;
At the proposal of the Vietnam Electricity in Document No. 3465/EVN-KDMBD dated June 17, 2026, and Document No. 5993/EVN-KDMBD dated October 19, 2026;
Considering the proposal of the Director General of the Electricity Authority of Vietnam.
DECIDES:
Article 1. Approving the 2026 electricity generation price bracket for battery energy storage systems
1. The maximum price (excluding value-added tax) of the 2026 electricity generation price bracket applicable to battery energy storage systems specified at Point a, Clause 2, Article 1 of Circular No. 62/2025/TT-BCT is VND 3,209.98/kWh.
2. Parameters used for calculating the maximum price of the electricity generation price bracket applicable to battery energy storage systems are prescribed in the Appendix to this Decision.
Article 2. Implementation provisions
1. This Decision takes effect from the date of signing.
2. The Chief of the Ministry Office, the Director General of the Electricity Authority of Vietnam, the Director of the Department of Legal Affairs, heads of units under the Ministry, the General Director of Vietnam Electricity, and heads of relevant power generation units shall be responsible for the implementation of this Decision./.
| FOR THE MINISTER DEPUTY MINISTER
Truong Thanh Hoai |
APPENDIX
Parameters used for calculating the maximum price of the 2026 electricity generation price bracket applicable to battery energy storage systems
(Issued together with Decision No. 2987/QD-BCT dated November 11, 2026, of the Minister of Industry and Trade)
No. | Parameters | Value |
1 | Number of discharge hours per cycle of the battery energy storage system | 2 hours |
2 | Minimum number of charge-discharge cycles over the entire economic life of the battery energy storage system | 8,000 cycles |
3 | Average annual capacity degradation rate of the battery energy storage system over the entire economic life (%/year) | 2% |
4 | Charge-discharge cycle efficiency (%) of the battery energy storage system | 85% |
5 | Economic life of the battery energy storage system | 15 years |
6 | Off-peak retail electricity price applicable to production industries | VND 1,146/kWh |
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