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Yellow alerts declared twice on Luzon grid at midday Tuesday
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Meralco to procure additional power supply in next 2 years
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Aboitiz, San Miguel leading power generators in Ph on January 18, 2021 at 4:01 pm
Aboitiz Power Corporation remains the country’s top power generating firm, closely followed by San Miguel Corporation, based on the latest data from the Department of Energy (DOE).
The DOE, in its 37th Electric Power Industry Reform Act (EPIRA) Implementation Status Report, said that AboitizPower has the largest market share in terms of generating capacity nationwide from May to October 2020, with 4,973 megawatts (MW) or 21.2% of the 23,410MW total installed capacity. San Miguel followed with 4,856MW or 20.7%. Lopez-run First Gen Corporation came in at third with 3,568MW or 15.2%.
On a per grid basis, San Miguel is Luzon’s biggest power generator with 4,556MW (28.4%) of the 16,044MW total capacity, followed by AboitizPower at second with 3,402MW (21.2%), and First Gen at third with 2,518MW (15.7%).
TAGUIG, Jan. 16 The Department of Energy (DOE), on instruction of Secretary Alfonso G. Cusi, convened the Energy family and the various power generation companies (GenCos) on Tuesday (12 January), to assess the power situation in Luzon and ensure that there will be enough supply, especially during the summer months.
The three-hour meeting, which was organized by the Electrical Power Industry Management (EPIMB) Bureau headed by Undersecretary Emmanuel P. Juaneza, discussed the anticipated issues relative to ensuring sufficient power capacities in the Luzon Grid.
Undersecretary Juaneza, in his opening statement, cited the need to have sufficient power supply and prevent power outages that inconveniences the consumers and disrupts business operations during the country’s recovery from the effects of the pandemic.