by Alena Mae S. Flores – June 05, 2016 at 11:15 pm
from Manila Standard Today
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.