San Roque Hydropower Inc. proposed to develop two pumped storage hydro projects in Itogon, Benguet with a combined capacity of 1,600 megawatts at a cost of P88.66 billion.
SRHI, the hydro arm of San Miguel Global Power Holdings Corp., plans to develop the 800 MW San Roque West and 800 MW San Roque Lower East PSH projects.
The San Roque West PSH has a project cost of P46.292 billion while the San Roque Lower East PSH is estimated to cost P42.373 billion.
Each PSH shall require 100 to 200 workers and engineers.
SRHI, in separate documents submitted to the Department of Environment and Natural Resources said it is developing the projects as the Philippines has experienced consistent growth in demand.
It said PSH projects can cater to peak demand, providing cost-effective energy during periods of high consumption.
“The integration of pumped storage hydro as a grid-balancing solution is essential for the Philippines as it increases its solar and wind capacity through the Green Energy Auction Program,” it said.
It added that with more variable RE, challenges such as intermittent and mismatches in supply and demand arise, particularly during peak periods.
“PSH offers significant advances, including the ability to store large amounts of energy and rapidly respond to fluctuations, thus enhancing grid reliability,” it said.
The projects will have an upper storage reservoir, upper storage dam, including spillway, upper storage inlet/outlet structure, among many other components.
