San Miguel Global Power (SMGP)
San Miguel Global Power (SMGP) is one of the largest power companies in the Philippines. Serving as the energy arm of San Miguel Corporation (SMC), San Miguel Global Power current capacity of 5,057 MW provides 24/7 power that supports the country’s energy needs. According to the Department of Energy’s EPIRA Report 2020, the power the Company produces is approximately 20% of the National Grid, 26% of the Luzon Grid, and 8% of the Mindanao Grid, as of December 31, 2023.
Aside from leading the power generation industry, San Miguel Global Power is also a strong player in the industry of power distribution, serving a diverse range of clients, from residential consumers to large industrial enterprises, ensuring reliable and sustainable energy solutions tailored to their unique needs. Additionally, we pioneered Battery Energy Storage Systems in the Philippines with 1,000 MWH target capacity. Upon completion, our battery storage network will be the largest in the country and among the largest in Southeast Asia.
The Company continues to venture in innovations and technologies that will change the Philippine energy mix and help the country achieve a net-zero emissions in the future.
Power Generation
San Miguel Global Power fulfills its mission of delivering stable, competitively priced, reliable, and sustainable energy supply through its diverse, multi-fuel power portfolio, comprised of natural gas, coal, and renewable energy such as hydroelectric.
Through its Independent Power Producer Administration (IPPA) agreements with the Power Sector Assets and Liabilities Management Corporation (PSALM), the Company administers the output produced by the following power plants: the 1,000 MW Sual Coal-fired Thermal Power Plant in Pangasinan; and the 345 MW San Roque Hydroelectric Power Plant in Pangasinan. San Miguel Global Power also provides power supply to the country through its wholly owned Independent Power Producer (IPP) assets, which includes the 1,023 MW Masinloc Power Plant in Zambales with Supercritical Technology; the 600 MW Limay Power Plant in Bataan with Circulating Fluidized Bed Technology; the 300 MW Malita Power Plant in Davao Occidental also with Circulating Fluidized Bed Technology; and the 1,200 MW Ilijan Natural Gas-fired Combined Cycle Power Plant in Batangas.
Additionally, the Company is in a joint-venture with Korea Water Resources Corp. (K-Water) for the operation and maintenance of the 218-MW Angat Hydroelectric Power Plant in Bulacan.
Currently, San Miguel Global Power is realizing its growth strategy through the expansion of various power plants. These projects, along with the exploration of cleaner alternatives like liquefied natural gas (LNG) and solar energy, and other expansion plans in the pipeline, will enable the company to continue on its mission to provide the needed capacity that ensures energy security and support the country’s growing economy.
Power Distribution
San Miguel Global Power expands its reach beyond power generation by serving a diverse customer base through its multi-fuel power portfolio and various customer segments.
This includes partnering with Distribution Utilities (DUs) to operate and maintain electricity distribution networks. This collaboration ensures reliable power delivery to a large number of residential, commercial, and industrial customers across provinces nationwide.
San Miguel Global Power's reach extends further through its Retail Electricity Supplier (RES) licenses. Since securing the first license in 2008, the Company become a leading provider in the retail electricity market, which offers competitive rates and flexible contracts to a wide range of contestable customers from various industries.
To round out the comprehensive customer service, San Miguel Global Power also offers Dedicated Customer Connections (DCCs). These customized power supply agreements directly connect industrial facilities or large commercial establishments to the power grid, guaranteeing a reliable and efficient energy source to support their operations.
Battery Energy Storage
San Miguel Global Power's current portfolio of Battery Energy Storage System (BESS) projects totaling 1,000 MWH across various locations nationwide is aimed at enhancing the reliability and stability of the power grid. Most installations have successfully secured ancillary service agreements in 2023 and are now operational. The remaining projects are preparing to fulfill upcoming grid ancillary service requirements, including participation in the Reserve Market. Overall, San Miguel Global Power is set to make a substantial impact as it will significantly support the integration of large volume of renewable energy sources in the country.