Eaton enables intelligent power management in Vietnam

June 30, 2023 | 17:21
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After two decades in Vietnam, Eaton, a global leader in intelligent power management solutions, considers the country to be one of Asia's fastest growing markets. On their 2023 Technology Day in Ho Chi Minh City, VIR’s Bich Ngoc spoke with Tai Yeap Wai, Southeast Asia general manager of Eaton, about their development strategy for Vietnam.
Eaton brings breakthrough solutions for power development
Tai Yeap Wai, Southeast Asia general manager of Eaton

Can you tell us about the breakthrough innovations Eaton has brought to Vietnam so far?

At Eaton, our long-lasting goal is to improve people's lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. The Technology Day in Vietnam is part of Eaton's global strategic growth initiative, which brings together Eaton’s partners and end-customers to experience Eaton’s intelligent power management solutions. For this year’s Tech Day, Eaton has brought innovative upgrades to existing products and enhanced efficiency to optimise energy consumption in today's power development and operation industry.

With electrical equipment and electrical cabinets, Eaton has come up with modular designs to meet customer needs and optimise costs. We offer software solutions for efficient energy management.

We believe in an 'Everything as a Grid' approach where every energy source is connected and supported to stabilise the whole network, including the national electrical grid. This is also a modern solution for unlocking the potential of the energy transition to create a low-carbon future for houses, businesses, and communities.

When applying this approach, our customers can monetise previously under-used backup power assets. This ultimate solution uses countless new concepts and technologies for renewable energy and batteries, electric vehicle charging systems, and many more. Everything is interconnected and managed by our intelligent management software system. Through its power management technologies and services, Eaton can help its customers effectively manage electrical and mechanical power more safely and efficiently.

An example is our long-term partnership with Microsoft to develop 'EnergyAware' uninterruptible power supplies (UPS) technology, enabling energy-intensive industries to help stabilise the grid and contribute more to renewable power. In fact, 'EnergyAware' UPS technology could ultimately prove instrumental in reshaping the overall power generation industry as its implications are significant, both for the grid and for data centre operators. Eaton’s technology also allows Microsoft to store excess power generated for its data centres from renewable sources and potentially sell it back to the grid.

Microgrid energy solution is another focus that we want to highlight. The microgrid is connected to the grid and the loads are powered by a power mix. To achieve the goal of managing the entire system smoothly and synchronously, it is necessary to have a smart software solution managing all of those things well.

Eaton brings breakthrough solutions for power development

What are the most crucial industry segments for Eaton's expansion in Vietnam?

Eaton operates across a diverse range of industries, including aerospace, automotive, construction, data centres, energy, manufacturing, mining, oil and gas, renewable energy, and utilities. However, Eaton in Vietnam places significant emphasis on data centres, and the electrical and industrial sectors.

We have observed that Vietnam's demand for safe and stable data centres has seen robust growth. Eaton provides modular, or standalone UPS solutions that are highly reliable and easily scalable, keeping business agile and helping to manage the growing data centre demand. Our offered solutions are popular among Vietnam’s big network providers and telecoms companies.

Eaton's energy storage systems are one of our strengths. This is an essential component enabling communities and businesses to access a safe, reliable, and efficient solution to support the electrification of transportation. It means that energy storage enables homeowners, businesses, industrial facilities, and cities, as well as data centres, to store energy whenever it is available and release it when needed.

Eaton brings breakthrough solutions for power development

What are Eaton’s competitive advantages?

UPS is often referred to as the 'heart' of the electrical system in data centres. As a major supplier of power management systems, Eaton can help with a comprehensive UPS range. These systems boast a compact design and offer an unrivalled level of power at all times. Our compact UPS provides a range of benefits such as energy efficiency and cost-effectiveness.

By bringing together an innovative mix of hardware and software, Eaton offers intelligent integrated solutions that prioritise safety and security.

Our Microgrid controller intelligently manages multiple sources, including solar, energy storage and generation and utility supply, to ensure power continuity for short and long-term utility interruptions. This solution also benefits the environment, which is part of Eaton’s responsibility to lower carbon emissions.

What benefits can the 'Everything as a Grid' approach bring to the Vietnamese market?

Vietnam’s energy demand continues to grow, and the country is confronted with the challenges of limited domestic resources and the complexity of managing capacity.

In the coming decades, the energy sector will face an increasingly complex array of interlocking challenges – economic, geopolitical, technological, and environmental. At Eaton, we pride ourselves on being a leader of the energy transition. We’ve applied the 'Everything as a Grid' approach to the transition from fossil fuels to renewables and are unlocking a low-carbon energy future. We’ve been helping customers safely add more renewables, storage, and electric vehicle infrastructure to their energy mix to become more sustainable and resilient while lowering energy costs.

What is Eaton's development strategy for Vietnam?

Vietnam has established itself as a stable, high-growth destination for international business and foreign investment. Our business is growing well in Vietnam, but we still a lot more room for growth.

As an intelligent power management company, Eaton is dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power, today and well into the future. By capitalising on the global growth trends of electrification and digitalisation, we’re accelerating the planet’s transition to renewable energy and helping to solve the world’s most urgent power management challenges.

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By Bich Ngoc

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