Abstract
This paper explores the implementation process of a hybrid power plant project (HyPP) in the Philippines' deregulated and complex energy market. SN Aboitiz Power (SNAP) owns and operates the Magat HyPP which involves integrating a 388 MW hydropower plant with a 24 MW/32 MWh battery system and a 280 kW pilot floating solar (FPV), planned for expansion. Scatec ASA, OceanSun and Prediktor, with support from the research partners IFE and SINTEF Energy Research, are contributing to the development of Magat HyPP under the HydroSun innovation program with financial support from Innovation Norway and the Research Council of Norway. No regulatory framework exists in the Philippines for implementing FPV or HyPPs. During the development of Magat HyPP, it was uncovered that 50 permits and agreements were required to implement the project. Ocean Sun, the FPV system supplier used methodologies for design and verification from offshore aquaculture and has thus ensured insurable guaranties for the installations. Prediktor has developed an Energy Management System for real-time hybrid optimization. The value creation potential from Magat HyPP is assessed with the Short-term Hydro Optimization Program (SHOP) developed by SINTEF. The results indicate that the annual revenue can increase by 4 % under a hybrid power purchase agreement compared to standalone production.