Philippines: Sleeping giant in power generation
At the heart of this energy gold rush is the 797-megawatt Caliraya-Botocan-Kalayaan (CBK) hydropower complex in Laguna. The
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.
Fluence will continue deploying additional energy storage systems for SMCGPH's portfolio of projects across the Philippines through July of 2022, with additional systems targeted for commissioning and testing within early 2022.
With BESS technology expected to support the Philippines' energy transition plans, SNAP's Magat facility in particular will enhance power-grid flexibility, mitigate power fluctuations, and optimize energy distribution. Energy storage systems are expected to play a critical role in the Philippines, offering these benefits:
Located in Laguna, it currently has a capacity of 797 MW. Pakil Pumped Storage Hydroelectric Power Project: This upcoming project in Laguna is set to become one of Asia's largest pumped storage hydroelectric power facilities, boasting a capacity of 14,000 MWh per day and a generating output of 1,400 MW.
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