Davao de Oro now boasts a hybrid energy storage system of 49 megawatts (MW). Installed by Therma Marine Inc. (TMI), a subsidiary of Aboitiz Power, the project is a first of its kind in South East Asia.
The system employs cutting-edge technology called BESS or battery energy storage system. Through the use of BESS, energy from renewable sources such as wind and sun and non-renewable sources is stored for later use. When there is peak demand or a power outage, BESS releases the stored energy into the grid. This ensures that power is available to residents in a consistent manner.
According to Aboitiz Power, the battery is expected to support the Mindanao grid especially during summer when there is limited hydropower output due to lower water levels.
Apart from addressing contingencies, BESS is also helpful in balancing the grid, thus providing the region with more stable and high-quality electricity.
Built on a floating platform
The hybrid energy storage system is installed on a floating power barge in Maco, Davao de Oro. TMI has been operating the power barge since 1994 to address the power crisis in the island at the time.
Aboitiz Power Thermal Chief Operating Officer Ronaldo Ramos expressed his wonder at how the 30-year old solution is still supporting Mindanao’s power needs. “Who would’ve thought that we’d still find ourselves in the same mission of supporting our beloved Mindanao, this time with an innovative twist and a different need to address — the reserve requirements of the grid,” Ramos said.
A target of 4,600 MW of clean energy by 2030
Aboitiz Power aims to produce 4,600 MW of energy from renewable sources by the year 2030. Currently, the power company is set on increasing its renewable energy portfolio by 3,700 MW.
To further ensure energy security, Aboitiz Power is also looking at low-carbon technologies such as liquefied natural gas, nuclear, and smart power plants.
Source: Aboitiz Group’s pioneering energy storage venture stabilizes Mindanao grid