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Tuesday, March 19, 2024

SN Aboitiz eyes battery storage system in Magat

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SN Aboitiz Power Corp. plans to build a $28-million, 20-megawatt battery energy storage system facility in the Magat hydro electric power plant by 2020. 

“You can think of battery energy storage as a giant power bank,” SNAP Group president and chief executive officer Joseph Yu said.

The facility will be used to boost SNAP’s ancillary services and standby power supply that can be tapped in case the regular supply falls short of the requirement.

“With BESS, we will have a battery facility that is connected to the grid where we can withdraw power from when necessary,” Yu said.

The Energy Regulatory Commission classified BESS as a new source of frequency control ancillary services.

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Ancillary services are designed to support the transmission of capacity and energy from resources to loads, while maintaining reliable operation of the transmission system. These services are indispensable in ensuring the reliability of transmission systems, and in securing electricity supply in the country’s power grids.

The SNAP board of directors recently approved the conduct of the feasibility study in 2019 for BESS in Magat. 

Construction is set to start in 2020, with operations targeted by 2022 once National Grid Corporation of the Philippines approves the facility’s ancillary services procurement agreement.

SNAP is also developing floating solar projects with a capacity of about 30 MW to 50 MW from the Magat dam reservoir. 

“We have always viewed ourselves as a renewable energy company—not just a hydro power producer,” said Yu earlier.

“As a company pushing for greener solutions, we aim for minimal environmental impact as possible in our projects. We espouse a nexus approach to development, where we recognize the interdependence of food, water, and energy and optimize them for balance and synergy,” he said.

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