Climate Smart Ventures launches report showing that Battery Energy Storage Systems can already lower electricity costs while further mainstreaming RE in the Philippines

A new study by Climate Smart Ventures Pte. Ltd. (CSV) entitled “Mainstreaming Renewables Through Storage in the Philippines: Scenarios to Accelerate the Energy Transition” has found that the Philippines is already ready to “firm-up” variable output from renewable energy (RE) with use of battery energy storage systems (BESS) for all-day (baseload) or majority of working hours in a day (mid-merit). […]