Several power industry leaders join a huge gathering of the energy sector organized by the US Trade and Development Agency (USTDA) to learn and immerse on United States of America's modern take on power generation and distribution including the utilization of Artificial Intelligence which could be greatly beneficial once it is applied back in the country. Of primary importance is the effort to address the Philippines’ energy security needs through strategic partnerships with the United States.
Among the invitees are officials from the Department of Energy (DOE) and the Energy Regulatory Commission (ERC), and as for Iloilo, MORE Electric and Power Corporation is among the selected few from the distribution sector.
The USTDA aims to help modernize the energy sector in the Philippines and strengthen the country's smart grid technology.
Through this, US will be able to share its best practices with the contingents on smart grid technology solutions and services. This will also help bring in new investors and solutions on how to modernize our grid infrastructures.
The reverse trade mission (RTM) is set on February 1 to 11 this year. Representatives will visit various American power companies in San Diego and Silicon Valley in California, and Washington, DC. Additionally, they will participate in the DTECH conference and visit the Stanford Central Energy Facility.
"Electricity demand in the Philippines is expected to double by 2040, necessitating strong investment in the country's smart grid infrastructure. As a leading developer and deployer of smart grid technologies and services, the U.S. private sector is well-positioned to become a long-term commercial partner to the Philippines’ distribution utilities and regulators as they modernize, digitalize and strengthen the grid infrastructure across generation, transmission, and distribution systems. This RTM offers U.S. firms early visibility into upcoming projects, procurement pipelines, and partnership opportunities—helping position companies ahead of future tenders and USTDA-supported engagements," according to the USTDA.
Among the power components which could greatly benefit from this opportunity are the following:
- Advanced Distribution Management System (ADMS)
- Advanced Metering Infrastructure (AMI)
- Cybersecurity and Artificial Intelligence
- Data Centers
- Distribution Automation
- Energy Stability Solutions
- Hyperscale Energy Corridors
- Supervisory Control and Data *Acquisition (SCADA) Systems