Published
July 21, 2018, 10:00 PM By Myrna M. Velasco
Aboitiz Power
Corporation will be installing a 48-megawatt battery storage system that it
will be attaching to a diesel-fired power facility in Mindanao.
According to Aboitiz
Power Chief Operating Officer Emmanuel V. Rubio, the battery storage will cater
to the grid’s need for system reserves – primarily for frequency regulation.
He did not specify
which power plant the battery storage will be attached to, but the Aboitiz
group has diesel plants operating in the country’s southernmost power grid,
including the power barges it previously acquired from state-run Power Sector
Assets and Liabilities Management Corporation.
Aboitiz Power is the
second power company in the country that is installing a battery storage system
into its power plant portfolio – the first one was AES Corporation prior to its
asset sale to the energy investment arm of San Miguel Corporation.
Rubio noted if their
technology experiment will be successful in Mindanao, they are intending to
scale this in other areas of their operations.
The Aboitiz group has
most diversified technology fleets of power plants and strategically spread
across Luzon, Visayas and Mindanao grids in the country.
Battery storage is
seemingly a new technology set for deployment in the energy sector of the
Philippines – and it is lined up in the suite of ‘disruptive technologies’
changing industry landscape.
Rubio noted they are
not applying for any specified rate for their deployed battery storage –
instead, they will just be leveraging on what was previously approved for the
AES project.
Battery storage prices
are seen on continuing downtrend in the coming years – hence, its application
in the power sector is expected to be accelerating moving forward.
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