Philippines high voltage mobile energy storage power station

Is battery electricity storage a crucial technology for the Philippines?

Department Circular No. DC2023-04-0008, Prescribing the Policy for Energy Storage System in the Electric Power Industry. allows buyers and sellers of electricity to trade electricity on a competitive basis. In conclusion, we have seen that battery electricity storage is a crucial technology for the Philippines.

What is a battery system used for in the Philippines?

They are used to start cars, trucks, and other vehicles. Also used as UPS or uninterruptible power supply (UPS) to provide back up power in case of power outages. Lack of standardization: There is no currently no standard for battery systems in the Philippines.

Why is energy storage important in the Philippines?

Energy storage systems are expected to play a critical role in the Philippines, offering these benefits: Supporting growing energy demand: By 2045, the Philippine population is estimated to reach 142 million, corresponding to an annual growth rate of 1.21 percent—more than double the average growth rate in Asia.

Why did DNV support SN Aboitiz Power Group?

DNV has supported SN Aboitiz Power Group on the development of a 24MW/32MWh Battery Energy Storage System (BESS) co-located with the Magat Hydroelectric Power Plant Energy storage systems expected to play a crucial role in the Philippine market for moving the energy transition forward to a more sustainable future.