With record-breaking temperatures this summer, power system operator National Grid Corp. of the Philippines (NGCP) indicated that electricity demand in Luzon already surpassed last year’s level as recorded on Wednesday, April 19. ManilaBulletin
Highest power demand in Luzon grid this year so far reached 12,235MW on April 19; surpassing peak demand of 12,113MW in 2022Meralco intensifies call for energy efficiency and conservation
On the whole though, as the economy bounces back from the scourge of the coronavirus pandemic, the DOE has plotted peak demand to reach higher 13,125MW for this year. Fortunately, earlier forecasts of ‘yellow alerts’ by the Department of Energy have not happened yet, but if the incessantly rising temperatures will linger, it is not far-fetched that the thin supply in the Luzon grid would soon roll into strained pitch.
One of the major transmission linkup undertaking anticipated by the DOE is the commercial operation of the Mindanao-Visayas Interconnection Project , primarily targeted for ‘capacity export’ from Mindanao to Visayas and Luzon by March 31 this year, but timelines are now pushed back to July. The "export capacity" of the MVIP could be as high as 450MW, benefiting Luzon power system with additional supply because it could be at the receiving end of surplus capacity from the Mindanao grid.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hot and humid in Luzon; cloudy in Visayas, MindanaoMost parts of the country will have fair weather except in some areas in Visayas and Mindanao where occasional downpours and thunderstorms may be experienced especially during late afternoon and at night, the Philippine Atmospheric Geophysical and Astronomical Services Administration (Pagasa) said Monday.
Read more »
Alphabet CEO Pichai reaps over $200 million in 2022 amid cost-cuttingAlphabet Inc chief executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median employee&39;s pay, the company said in a securities filing on Friday.
Read more »
Alphabet CEO Pichai reaps over $200 million in 2022 amid cost-cuttingPichai's compensation included stock awards of about $218 million, a securities filing by Alphabet shows.
Read more »
Local trade volume shrinks 20.1% in ’22–PSA | Cai U. OrdinarioTHE volume of domestic trade contracted 20.1 percent in 2022, according to the Philippine Statistics Authority (PSA). The data showed the quantity of domestic trade declined to 18.63 million tons in 2022 from 23.31 million tons recorded in 2021. The total value of domestic trade in 2022, meanwhile, amounted to…
Read more »
Tanduay’s 2022 income up 18% | VG CabuagTanduay Distillers Inc., the liquor maker of tycoon Lucio Tan, said its income last year reached P1.42 billion, 18 percent higher than the previous year’s P1.24 billion. Consolidated revenues, meanwhile, rose 26 percent to P31.6 billion. “We can say that we have overcome the challenges of the past years and…
Read more »
Kean Cipriano and Chynna Ortaleza's daughter Stellar turns 7 with 'Wednesday'-themed birthday partyAccording to Sparkle actress Chynna Ortaleza, it was her daughter, Stellar, who requested to have a 'Wednesday'-themed birthday party.
Read more »