Panama energy storage power plant operation
A large-scale battery storage facility providing ancillary services to the grid has gone into commercial operation at the site of a hydroelectric power plant in the Philippines.
The plant, owned and operated by Consortium Group Energy Gas Panama which includes private companies InterEnergy Group and AES Panama, will be built in Telfers Island, near the port of Colón, next to the Panama Canal.
Panama's older Bahía las Minas power station has shut down completely , while the newer Cobre Panamá power station has committed to converting to natural gas by December 2023. In 2014, approximately 15 million long tons of thermal coal passed through the Panama Canal.
This terminal was the first to provide LNG in the country and has provided natural gas to support the growth of the power, industrial and the transportation sector in the country. The use of the LNG regasification infrastructure will be a key aspect to turn Panama into a regional energy hub.
The use of the LNG regasification infrastructure will be a key aspect to turn Panama into a regional energy hub. GE established its first office in the Central America region in Honduras, in 1906. It has since expanded throughout Central America and the Caribbean and participated in large-scale projects, such as the Panama Canal.
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