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$Keppel (BN4.SG)$ Keppel, GenZero, Acen sign MOU to study, p...

$Keppel (BN4.SG)$ Keppel, GenZero, Acen sign MOU to study, pioneer use of transition credits to retire coal plant in the Philippines. This refers to replacing the 246MW baseload of the CFPP with a “mid-merit” Integrated Renewables and Energy Storage System (IRESS) consisting of solar plant and battery storage. Mid-merits, also known as load-following power plants, adjust their power output as demand for electricity fluctuates throughout the day.
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