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“It is time to rely more on flexible renewable power plants that provide cheap and secure electricity during peak demand.”
Aging old power plants, the unfavorable hot weather and El Niño, over-reliance on baseload coal-fired generating stations and the reluctance to tap renewable energy sources to fill in the gap during peak demand periods have all contributed to thin reserves. “Four plants have been on forced outage since 2023, between January and March 2024, and 9 since April 2024, while another is running on derated capacity, for a total of 1406.8MW unavailable to the grid,” says NGCP.
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