Mindanao electric cooperatives (ECs) and distribution utilities (DUs) are urged to take advantage of the excess power supply regime in the power grid as the Mindanao Development Authority (MinDA) pushes for reliable and affordable power supply in the region.
MinDA said power distributors should maximize their energy mix and ensure affordable power for their consumers with the oversupply of energy flooding Mindanao in the next few years.
“It is now all about achieving a balanced mix of their sources. Electric cooperatives and distribution utilities must now take advantage of the abundant supply and cheap hydro power but at the same time utilizing their coal power supply contracts,” MinDA deputy executive director Romeo Montenegro said.
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