posted June 05, 2016 at 11:15 pm by Alena Mae S. Flores
AES Philippines, a unit of AES Corp.
of the US and Electricity Generating Public Company Ltd. of Thailand, expect to
complete the country’s first 10-megawatt, battery-based energy storage facility
in Masinloc, Zambales province late this month.
EGCO president Chanin Chaonirattisai
said in a statement the 10-MW lithium-ion battery energy storage located at the
600-MW Masinloc coal-fired power plant aimed to provide reserve power and grid
stability services to the Luzon grid.
“The construction commenced in
December 2015 and now it is over 90 percent complete,” the official said.
EGCO invested in the 300-MW
expansion of the Masinloc power plant and battery-storage project following an
agreement signed with AES in 2014.
“We are continuously expanding our
investments in overseas markets to keep pace on the company’s earnings growth,
especially in the Southeast Asia where the company has strong presence. Lately,
we have joined with our partners in Masinloc Unit 1-3 power plants to develop
an electricity-related business battery energy storage” in the Philippines,”
Chanin said.
The facility, once completed, will
be one of the first advanced energy storage installations in Southeast Asia and
among the largest in all of the continent.
“AES is pleased to bring this
pioneering technology and application to the Philippines. Battery-based energy
storage will play a critical role in tomorrow’s grid, helping to improve
stability, lower total system costs, and incorporate higher volumes of
renewable energy projects. We look forward to working with key stakeholders to
demonstrate the value and capabilities of this technology,” AES Philippines
managing director Neeraj Bhat said earlier.
The advanced energy storage project
at Masinloc will strengthen the Luzon grid by providing fast response ancillary
services, like frequency regulation.
AES Philippines said the project was
especially valuable to island grids facing challenges in matching supply and
demand across a smaller pool of resources.
The company said energy storage
could perform this function more effectively than traditional grid resources,
resulting in cost savings and lower system-wide emissions.
AES is a leader in commercial energy
storage solutions, which improve flexibility and reliability of the power
system, and provide customers with a complete alternative to traditional
peaking power plants.
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