The Manila Electric Co. (Meralco) is eyeing to create a unit solely to handle its renewable energy (RE) portfolio.
The RE unit will be a separate entity that will develop and manage the company’s future projects in renewable energy, Meralco Chairman Manuel Pangilinan said yesterday.
“Meralco will create a renewable unit separate from the legacy power plants, to take a look at prospects of renewables and including distributed power grid,” Pangilinan told reporters at the sideline of the launch of Meralco’s Power Tech.
The new unit will be created as soon as possible once Meralco has hired a chief operating officer to handle it.
One of its target projects is the development of battery storage, Pangilinan noted. “Solar energy will not work really unless there is storage capacity,” he said.
Meralco meanwhile broke new ground with the development of Power Tech, the country’s first research and development and technical training facility featuring a Smart Grid.
“Gone are the days when the trainings just rely on audio visual presentations, because Power Tech will act as a simulator,” Meralco said in a statement.
Meralco engineers will have the chance to not only see the lesson but to actually have an “actual feel” of it.
This will also serve to bridge the gap between existing and evolving technologies.
“It will be the vehicle for bringing the country’s energy industry into the future by bridging the gap between current and emerging technologies and competencies,” Meralco President and CEO Oscar Reyes said.
The Grid Enterprise will allow engineers to immerse on emerging technologies under a simulated network even before apply these to the entire system, Meralco Vice President and head of Networks Ronnie L. Aperocho said.
“The Grid Inspiration will ignite the imagination and expand one’s perspective with insights from industry experts and luminaries,” he added.
Power Tech is set to be fully operational in early 2017.