Defining the News
“By exposing hidden costs and advocating for fair assessments of energy sources, we can hold stakeholders accountable and promote a more equitable energy landscape”
It is in the country’s main economic hub, the National Capital Region, where the energy supply must always be adequate. We rely on the Manila Electric Company or Meralco for our power needs. Meralco’s terms of reference for taking part in bidding for power supply agreements defined a qualified plant as one that is less than 10 years old.
The apparent favoritism towards newer power plants fuelled by imported LNG thus disqualified the more established plants running on local gas sources.
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