GenCos bat for perks, regulatory framework for battery storage - News Summed Up

GenCos bat for perks, regulatory framework for battery storage


GenCos bat for perks, regulatory framework for battery storage 0 SHARES Share it! Power industry players perceive that battery storage installations are still not viable cost-wise. In the long term, RE’s coupling with commercially viable energy storage is similarly seen as a practicable technology development that could re-position renewable energy being able to match the baseload generation capability of more traditional technologies, including coal. Aboitiz Power Corporation Chief Operating Officer Emmanuel V. Rubio indicated his company “is monitoring developments in battery storage,” with him emphasizing that they already have two pilot projects as their proof-of-concept to assess the commercial viability of the technology. But he said the cost of battery storage is not seen affordable yet in the pockets of Filipino consumers.


Source: Manila Bulletin June 14, 2019 14:03 UTC



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