Asian Power (January - March 2022)

Page 9

FIRST

Power supply crunch in 2022 looms in the Philippines

T

PHILIPPINES

he Philippines may experience a power crunch in the summer of next year as no new supply enters the market amidst growing demand, Quezon Power Managing Director Frank Thiel said. A 660-megawatt (MW) supercritical power plant in the North of Luzon was added into the country’s energy mix, whilst no new power station is expected to come into the market next year, Thiel said. He added that this comes as demand returns to its pre-pandemic level. “I think it’s going to be a very difficult summer. When people ask me what my forecast is for next year’s power supply situation, I think it’s going to be very tight,” Thiel said at the Asian Power Thermal Energy Conference. Thiel said Quezon Power will be undergoing three years’ worth of maintenance at once in 2022 after the health crisis prevented the generator from consulting its technical advisors. Quezon Power is looking at scheduling a 45-day outage or maintenance, which is longer than the usual 25- to 30-day shutdowns it sets for maintenance.

A 660 MW supercritical power plant in North Luzon was added into PH’s energy mix

Quezon Power will be undergoing three years’ worth of maintenance at once in 2022

“We have no choice. We have to do the maintenance. We’ve been deferring for two years already. We cannot keep running the plant, if we don’t do the right maintenance, we could have potentially bigger problems,” he said. He noted other power generators likely have the same expectations, especially as the government is set to impose a ban on shutdowns during the election season. The ban will be in effect two months before and after the 9 May national elections next year.

Quezon Power is also in talks with the Energy Regulatory Commission regarding the new rule that sets limits on the allowable planned and unplanned outages for power plants. “We understand the purpose, and I think prospectively will work really well. But, trying to apply that and basically apply it to plants that have been online for 20 years presents a bit of a challenge,” Thiel said. “We are talking to the regulator and we will approach them as need be.”

Carbon Credit

REC

(Renewable Energy Certificate)

What is Carbon Credit?

» Acknowledgement instrument for electricity usage that

Carbon Emission Reduction Certificate produced from low/zero carbon activities, such as Renewable Energy Generator and reforrestation activites that can be transacted

63+ GW Generator Capacity

USD 24 Million Revenue

produced by New and Renewable Energy Generators

» 1 REC = 1 MWh electricity from renewable energy » Rp 35.000 per 1 unit REC (per MWh)

Carbon Credit by PLN

» Purchase Scheme » Individual/retail with 1-200 unit(s)

1 ton Carbon Credit = 1 ton of reduction GHG Emission

80+ Million Customers

PLN Website, portal REC https://layanan.pln.co.id/renewable-energy-certificate

INTERNATIONALLY CERTIFIED

» Organization/company with above 200 units can

A solution for customers whom wanted to contribute in GHG Emission reduction

~270 Million Electrified Homes

17.000 Island with Electricity Infrastructure

contact PLN Account Executives

https://tinyurl.com/ PLNCreditCarbonProject

PLN REC’S PRODUCT SERVICE SCHEME Every REC contain :

VISION Become the leading Electricity Company in SEA and #1 Customer Choice for Energy Solutions

Type of Energy

Potential Avoided Emission

Generator’s Name

Certificate Issue Period

Direct Emission FOSIL BASED GENERATORS

FOR

B2C

ELECTRICITY GRID

OTHER CUSTOMERS

How Much Does Carbon Credit Cost?

Start from

2 USD / ton*

*price depends on volume bought and also negotiable

REC

FOR

B2B Request from Consumers

Account Registration at REC PLN Portal

Online Purchase and Payment at REC Portal

RENEWABLE ENERGY GENERATORS

RE

Processed by PLN

C

Website Purchase

Purchase Agreement

Tracking System ENERGY ATTRIBUTE

https://www.southpole.com/projects/renewable-energy-for-theisland-of-sumatra (specifically for PLTA Musi project) For purchase from other PLN projects or if your organization want to buy in big amounts can contact PLN Account Executive

Rp

Rp

Rp

Every REC purchase are used to develop Renewable Energy Generators

FOR FURTHER INFORMATION

ASIAN POWER 9


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.