EconomyEditor's PickAboitiz Power Davao battery storage facility operational this month

November 13, 2022

ABOITIZ Power Corp. said a 49-megawatt (MW) hybrid battery energy storage system (BESS) facility in Maco, Davao de Oro, will start operations this month.

The facility will support the Mindanao grid, especially during the dry season. The grid, which is largely dependent on hydro power, can tap stored power when hydroelectric capacity falls, an unidentified company spokesman said via e-mail on Saturday.

Another BESS project, a 24-MW facility in the Magat complex in Ramon, Isabela, operated by SN Aboitiz Power Group, is expected to start commercial operations by the first quarter of 2024, the company said.

Aboitiz Power said the Magat BESS facility will also be tapped for grid support.

Power grids tap reserve power, engaged via so-called ancillary services contracts, when baseload power declines.

“They are expected to play an important part in helping balance the Philippine energy grid’s reliability and support lower-carbon energy systems,” Aboitiz Power said. — Ashley Erika O. Jose

Leave a Reply

Your email address will not be published. Required fields are marked *

Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartPeopleMail. All Rights Reserved.

Subscribe for FREE today and get your daily shot of smart news about the Economy and Investing.
We are dedicated to keeping any data we collect from you — safe and secure. Here you can read our privacy policy.