Increasing Penetration of Vre Resources and the Reserve Market
INCREASING PENETRATION OF VRE RESOURCES AND THE RESERVE MARKET by the Technical Committee September 2018 18/F Robinsons Equitable Tower, ADB Avenue, Ortigas Center, Pasig City, Philippines 1600 Trunk line: (+632) 631-8734, Telefax: (+632) 395-2704, www.wesm.ph INCREASING PENETRATION OF VRE RESOURCES AND THE RESERVE MARKET TABLE OF CONTENTS 1. INTRODUCTION........................................................................................................ 1 1.1. Objective and Scope of the Study ............................................................................. 2 1.2. General Outline ................................................................................................................. 2 2. VRE RESOURCES IN THE PHILIPPINES .......................................................... 3 2.1. Review of Relevant Policies and Issuances ............................................................ 3 2.2. Growth of VRE Resources ............................................................................................. 6 3. CHALLENGES AND RECOMMENDATIONS ..................................................... 11 3.1. Variability of VRE Resources ...................................................................................... 11 3.1.1. Illustrative Examples of Variability of Wind Resources ........................... 11 3.1.2. Illustrative Examples of Variability of Solar Resources ........................... 14 3.1.3. Role of Energy Storage Systems .........................................................................
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