Vulnerable to imported fossil fuels
Examples of major planned/completed PSHS projects
Pakil Project (Laguna): A massive 1,400 megawatt pumped storage facility funded by major private sector financing.
Wawa Project (Rizal): A 600 megawatt pumped storage plant headed by Olympia Violago Water & Power.
San Miguel (Pangasinan/Benguet) facilities: Two separate 800 megawatt pumped storage projects proposed by San Roque Hydropower Inc., with a total capacity of 1.6 GW.
This project (Nueva Ecija): A 120 megawatt pumped storage plant commissioned for the First General and the National Irrigation Administration.
CBK (Laguna-Quezon): This 797 MW storage hydropower plant was first activated in 1983 and is among the largest hydropower facilities serving the Luzon grid, playing a key role in supporting a reliable and stable supply of electricity. In February, CBK was handed over by the government (PSALM) to the Thunder Consortium with a new concession to Cleanergy 9 Power, Inc., represented by Aboitiz Renewables, Inc., Sumitomo and J-POWER.
Objectives, deadlines
GEA-3 Awards: The Department of Energy’s third Green Energy Auction officially secured more than 6,000 MW (6GW) of pumped storage proposals awarded, exceeding the initial target frame.
The government’s regulatory framework targets commercial operations for these storage and generation facilities being progressively extended between 2028 and 2035.
