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What is the optimal energy mix? - BusinessWorld

BusinessWorld May 3, 2021 | 7:11 pm By Bienvenido S. Oplas, Jr. The Department of Energy (DoE) released the Philippines Power Statistics 2020 this week and it shows some interesting data on the country’s energy mix. Installed capacity in 2020 has reached 26,250 megawatts (MW) or 26.25 gigawatts (GW), and the four biggest energy technologies are coal, oil-based, hydro, and natural gas. In actual electricity generation, the four biggest sources are coal, natural gas, geothermal, and hydro ( see Table 1). There are three interesting pieces of data here. One, coal constituted 42% of total installed capacity in 2020 but its actual power generation was 57% of the total. The big increase in coal generation came from the Mindanao grid starting 2016 (double the 2015 level) through 2019 (double the 2016 level). There are no longer daily “Earth Hours” and regular blackouts in Mindanao.

What is the optimal energy mix?

What is the optimal energy mix? BusinessWorld 2 hrs ago © Provided by BusinessWorld The Department of Energy (DoE) released the Philippines Power Statistics 2020 this week and it shows some interesting data on the country’s energy mix. Installed capacity in 2020 has reached 26,250 megawatts (MW) or 26.25 gigawatts (GW), and the four biggest energy technologies are coal, oil-based, hydro, and natural gas. In actual electricity generation, the four biggest sources are coal, natural gas, geothermal, and hydro ( see Table 1). © Provided by BusinessWorld There are three interesting pieces of data here. One, coal constituted 42% of total installed capacity in 2020 but its actual power generation was 57% of the total. The big increase in coal generation came from the Mindanao grid starting 2016 (double the 2015 level) through 2019 (double the 2016 level). There are no longer daily “Earth Hours” and regular blackouts in Mindanao.

India launches trade facilitation app for ease of doing business

Fibre2Fashion Toggle navigation 13 Pic: Shutterstock For promoting ease of doing business and providing quick access to information to importers/exporters, India s ministry of commerce and industry has launched a Directorate General of Foreign Trade (DGFT) Trade Facilitation Mobile App. The app, developed by Tata Consultancy Services, can be downloaded from the DGFT website for both Android and iOS platforms. Very often, the simple trade-related process becomes cumbersome, and when they are available with a touch of a button, like with a mobile app, we will ensure the ease of doing business and the speedy growth in international trade, minister of commerce and industry Piyush Goyal said while launching the app during an online video conference.

Aging power plants and economic growth

Aging power plants and economic growth BusinessWorld 2 hrs ago © Provided by BusinessWorld At the monthly briefing by the Independent Electricity Market Operator of the Philippines (IEMOP) last week, it was shown that while average demand from March 2020 to March 2021 increased by 3.2%, average supply decreased 7.7%, resulting in an increase in average spot electricity prices by 76.4%, P1.80/kwh higher. The main reason was the series of plant outages, scheduled and unscheduled, in early, middle, and late March. Among the big power plants that experienced outages last March were Sta. Rita (natgas), Ilijan (natgas), GN Power Mariveles (coal), Sual (coal), Pagbilao (coal), Kalayaan (hydro), Magat (hydro), and Makban (geothermal).

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