AT LEAST 400 power users in Luzon and Visayas with an average monthly consumption of at least one megawatt (MW) have remained within the captive market of distribution utilities as of the first quarter, giving electricity retailers enough room to gain dominance in the highly competitive contestable market.
POWER SUPPLY will remain adequate between now and the next four years but beyond 2021, the country will be needing 700 megawatts (MW) more each year to meet the rising demand of a growing economy, the head of Ayala Corp.’s energy arm said.
LUZON lost a total of 1,647 megawatts (MW) when an intensity six earthquake hit on Saturday with Mabini, Batangas as epicenter, causing several power plants to trip simultaneously, the National Grid Corp. of the Philippines (NGCP) said on Monday.
MORE than 1,000 megawatts (MW) of new power capacity have been added to the electricity grid in the first half of 2016, bringing the country’s total installed capacity to 20,055 MW as of June, latest data from the Department of Energy (DoE) show.
MINDANAO needs at least 150 megawatts (MW) of additional capacity yearly until 2030 to meet rising demand from electricity consumers as the government lines up infrastructure projects on the southern island, the lead entity promoting its development said.
SMC Global Power Holdings Corp. expects its installed capacity to reach around 3,500 megawatts (MW) by next year when its new power plants in Malita, Davao del Sur, and Limay, Bataan, start commercial operations, its president said.
DAVAO CITY — Davao Light and Power Co. (Davao Light), an electricity distributor of Aboitiz Power Corp. (AboitizPower), is contracting 112 megawatts (MW) from two generating companies to make up for the more than 60% drop in its allocation from the Mindanao grid.
DAVAO CITY — Mindanao’s power supply situation improved yesterday with the resumption of STEAG State Power, Inc.’s full operation of its two coal-fired power plants with a combined capacity of 205 megawatts (MW), but the main grid remains 127 MW short of peak demand.
DAVAO CITY — Mindanao could have access to about 500 megawatts (MW) of solar power if all 31 projects now pending are approved and implemented, data from the Mindanao Development Authority (MinDA) and the Department of Energy (DoE) showed.
ABOITIZ POWER Corp. (AboitizPower) plans to pursue two solar power projects with a combined capacity of up to 100 megawatts (MW) this year, an official said last week.