MinDA’s official press statement on power and energy security in Mindanao A screengrab photo of the 25 May Mindanao Power Forum sponsored by the Mindanao Development Authority in partnership with DOE, ERC, AMRECO, NPC, NEA and other partners and stakeholders to discuss the impact of the pandemic in the energy sector and determine ways forward in addressing the challenges that beset the power sector.
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The Mindanao Development Authority through the Mindanao Power Monitoring Committee (MPMC) assures the consumers and stakeholders of Mindanao of a stable and reliable power supply.
Based on the daily monitoring of DOE, the Mindanao grid as of June 2 reached peak demand of 1,928 MW with an available capacity of 2,780 MW, thereby having a gross reserve or supply excess of 852 MW.
The MPMC is co-chaired by MinDA and the Department of Energy (DOE), with members that include: Energy Regulation Commission (ERC), National Power Corporation (NPC), National Electrification Administration (NEA), Association of Mindanao Rural Electric Cooperatives (AMRECO), Power Sector Assets and Liabilities Management (PSALM), National Grid Corporation of the Philippines (NGCP), Mindanao Power Electric Alliance (MEPA), and the National Transmission Corporation.
Mindanao’s energy is a crucial factor in the overall socioeconomic development of the island making sure that supply is reliable and stable to support economic recovery from the impact of the pandemic and an expected rise in demand when industries return to preCOVID operational levels.
| June 5-11, 2021
“While our power supply is considered to be stable, we continue to pursue measures and approaches to support expected rise in the demand for power while keeping energy rates cost-effective as
the economy recovers from the pandemic, and industries reset operations to pre-COVID levels,” Mindanao Chairman Secretary Emmanuel Piñol said. Secretary Piñol added that one of the measures being put forward is the policy push to keep the ownership and control of the state-owned AgusPulangi Hydroelectric Complex. “MinDA’s position is against the privatization of Agus-Pulangi Hydroelectric Complex, which is deemed best left in the hands of the government but defining its role in an era of market competition. We need these assets to not just tame future supply volatilities but also continue fulfilling its obligation to serve especially the marginalized areas,” Secretary Piñol further added. (MinDA)
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