“With private sector partners like SMC as allies, we shall succeed and win the future for our beloved Philippines”It has a long way to go to achieve energy security – energy affordability, accessibility, and reliability.
President Ferdinand R. Marcos Jr., who was guest of honor during the event, acknowledged that the problems “in terms of energy supply, energy cost are one of the biggest obstacles when we talk to potential investors to come to the Philippines.”Aside from finding ways to increase the supply of power while decreasing its cost, the government is working on ways to improve the mix of traditional and renewable sources of power.
Battery energy storage facilities can also facilitate the integration of renewable energy sources such as wind or solar into the grid. This will give consumers in other parts of the country access to stable and good quality. It will also spur industrialization and economic growth in areas outside the National Capital Region.SMC under RSA’s leadership has embarked on several projects to benefit the nation. It is among the active partners of government in nation-building.
To protect essential water sources, it has extended support to the Annual Million Trees Challenge, a project that aims to rehabilitate critical watersheds through the Million Trees Foundation, Inc.
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