Hybrid sources of power supply, in combination with properly maintained generator sets, will enable state-owned National Power Corp. to save around P2.25 billion annually.
“Our study shows that there will be an estimated P1 per kilowatt-hour cost reduction if Napocor adopts a solar hybridization of its large-scale power plants, which will result in at least P500 million savings,” said European Union-funded Access to Sustainable Energy Programme strategic advisor Christoph Menke during the Powertrends 2018 forum.
ASEP is a joint undertaking of the European Union and the Philippine Department of Energy.
Through ASEP, the EU has allocated a grant of over P3 billion to assist the Philippine government in meeting its rural electrification targets through renewable energy and energy efficiency.
Menke said another study shows adopting hybridization in Napocor’s mini-grids and ensuring diesel gensets were running at optimal levels would result in a cost reduction of around P4.5/kWh, which is almost P2.25 billion in annual savings.
