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Electrical Energy Management According to Pricing Policy: A Case in Vietnam

1Academy of Political Regional II, Ho Chi Minh City, Ho Chi Minh, Viet Nam

2PATET Research Group, Ho Chi Minh city University of Transport, Ho Chi Minh, Viet Nam

3Faculty of Business Administration, HUTECH University, Ho Chi Minh, Viet Nam

Received: 9 Feb 2022; Revised: 25 May 2022; Accepted: 10 Jun 2022; Available online: 20 Jun 2022; Published: 4 Aug 2022.
Editor(s): H. Hadiyanto
Open Access Copyright (c) 2022 The Author(s). Published by Centre of Biomass and Renewable Energy (CBIORE)
Creative Commons License This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

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Abstract

Electrical equipment is increasingly diversified in both types and capacity to meet the maximum needs of people in the 4th industrial revolution. This development has helped people to achieve many great scientific achievements, but this development has led to a rapid increase in the demand for electric energy in recent years. The traditional electricity supply from fossil fuels is gradually depleting, which has prompted the search for clean and renewable energy sources to gradually replace the dependence on this energy source. Prosumer, HEMS (home energy management system), and other solutions have been researched and applied to optimize electrical energy sources. However, for countries that mainly use fossil energy sources like Vietnam, these solutions are not effective. Policy on the management could help to solve this problem, in particular, the price policy is the solution that Vietnam has used to effectively manage this energy source. This article analyzes the issues of applicable pricing policy in Vietnam, proposes potential policies to improve and protect the electric energy system, as well as enhances the rate of renewable energy use in the electricity system in Vietnam

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Keywords: Electricity; Energy management; Pricing policy; Renewable energy

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