Ingrid Power Holdings Inc. is gearing to construct a Php 6.875 billion, 150-megawatt (MW) battery energy storage system (BESS) in Pililla, Rizal.
In a report by Manila Standard, Ingrid, a joint venture of AC Energy Inc. and Axia Power Holdings Philippines Corporation, a Marubeni Corporation subsidiary from Japan, is undertaking this project in line with the Department of Energy’s (DOE) 2019 circular.
This circular established a framework for integrating energy storage systems (ESS) into the electric power industry. Additionally, it outlined how ESS technology can enhance the electric power system by improving quality, reliability, security, and affordability of electricity supply.
Energy storage systems can be utilized for ancillary services, energy provision through bilateral contracts, or trading in the Wholesale Electricity Spot Market (WESM), among others.
According to the documents submitted to the Department of Environment and Natural Resources (DENR), Ingrid’s project will employ lithium-ion battery energy storage systems (BESS), known for their longevity and cycle life, and ideal for energy time-shifting.
Ingrid stressed that containerized lithium-ion batteries offer easy installation and scalability for future expansions. This technology, one of the most advanced and commercially available, features high specific energy, energy density, and power, and is safe with minimal environmental impact during both construction and operation.
