THE Energy Regulatory Commission (ERC) has granted Manila Electric Co. (Meralco) and First NatGas Power Corp. (FNPC) the authority to implement their power supply agreement (PSA) in an “interim relief” that sets certain conditions. “In the event that the final rate is higher than that granted in the interim, the resulting additional charges shall be…
Tag: baseload generation
FPI endorses DoE policy focusing on baseload stability
THE Federation of Philippine Industries (FPI) has backed the Department of Energy’s (DoE) move to do away with a policy that sets a cap or a quota on the kind of technology to be used in building a power plant. “[DoE] Secretary [Alfonso G.] Cusi’s pronouncements are consistent with FPI’s stand on certain issues, especially…
DOE bats for flexible power generation mix
The Department of Energy (DOE) is batting for a flexible energy mix based on the country’s power requirements to foster competition as well as maintain an adequate and reliable electricity supply. Energy Secretary Alfonso Cusi said the agency has formed an energy mix comprising of 70 percent baseload, 20 percent mid-merit and 10 percent peaking,…
Mindanao now enjoys power supply surplus
Mindanao is now enjoying electricity supply surplus and is working to sustain the development of power resources with renewable energy (RE) beyond 2020, a ranking official said. The energy surplus is on account of the entry of baseload plants, particularly coal fired facilities that have come online starting this year and will continue in 2017…
Forecast for power demand raised to 30,189 MW
THE DEPARTMENT of Energy (DoE) expects the country’s demand for electricity in 2030 to reach 30,189 megawatts (MW), or nearly 70% more than the current dependable capacity being supplied by the country’s existing power plants. “From here on until 2030, we will be needing something like 30,000 megawatts,” Energy Secretary Alfonso G. Cusi told reporters…
Winnergy Holdings Corp. 