Philippines Energy Storage Peaking Power Station Cooperation

How will peaking plants impact the Philippines' energy system?

Peaking plants will play a crucial part in the next few years, as the Philippines transitions to a more sustainable energy system. According to the Department of Energy’s Philippine Energy Plan 2020-2040, the country aims for renewable energy to make up 35 percent of the nation’s power generation mix by 2030 and 50 percent by 2040.

Why should the Philippines invest in a solar power plant?

It will also address the growing demand for electricity and the Philippines’ urgent need to transition to sustainable energy, he said. “Once fully operational by 2027, this facility will deliver 3,500 megawatts peak of solar power to the Luzon grid, with 4,500 megawatt-hour battery energy storage,” President Marcos said.

What is a GW power plant in the Philippines?

Strategically located in the Philippines, the comprehensive development is designed to harness substantial renewable energy resources, boasting a total planned capacity of 3.5 gigawatts (GW) of photovoltaic (PV) power and 4.5 gigawatt-hours (GWh) of energy storage.

How will a 500 kilovolt transmission line benefit the Philippines?

Initially, it will be connected to the existing 500-kiloVolt (kV) Nagsaag-San Jose Transmission Line and later linked to the upcoming 500-kV Nagsaag-Marilao Transmission Line. Aside from benefiting local residents, President Marcos said the project will position the Philippines as a leader in renewable energy.

What are peaking and baseload power plants?

These are baseload power plants, which address the demand for power on a regular basis, as well as peaking power plants, which come in when the demand for power fluctuates during peak hours. In the Philippines, “peaking power plants” are better known as ancillary service providers.

What is the future of electricity in the Philippines?

In practical terms, there’s been a rise in data centre, domestic (especially for cooling), and industrial electricity demand, given the expected spike in manufacturing. In 2023, electricity consumption in the Philippines reached approximately 118,000 gigawatt-hours. But coal remained the dominant source of power generation (about 60%).