MIN­DANAO NEEDS 10,400MW BY 2040

How­ever, Min­danao’s power sup­ply is enough for next cou­ple of years with the en­try of com­mit­ted power projects.

Sun.Star Davao - - BUSINESS - BY REUEL JOHN F. LUMAWAG / Act­ing Ed­i­torin-Chief

The De­part­ment of En­ergy (DOE) said Min­danao will need an ad­di­tional of 10,400 megawatts (MW) of ad­di­tional ca­pac­ity by 2040 to be able to sus­tain its power de­mand.

How­ever, DOE as­sis­tant se­cre­atary Re­den­tor E. Delola dur­ing the 2018 Min­danao En­ergy In­vest­ment Fo­rum at the Grand Re­gal Ho­tel yestar­day said Min­danao will still be able to meet its power re­quire­ment be­tween be­fore 2040.

At its cur­rent state, Delola said the Min­danao power grid still has more than enough re­serves to meet re­quire­ments in the com­ing years. There is cur­rently a to­tal of 3.48 gi­gawatt of in­stalled ca­pac­ity in Min­danao from 20 grid con­nected power plants and 33 em­bed­ded power plants. Coal-fired power plants ac­counts for 53 per­cent of the is­land’s power sup­ply while the re­maing comes from re­new­able en­ergy (43%) and oil-fired power plant (7%)

He said should the ad­di­tional 764.9 MW from com­mit­ted power projects en­ter the Min­danao grid in the next two years, Min­danao will be en­joy­ing a sur­plus of power sup­ply to as much as 1,400 MW.

“After that, Min­danao will re­ally need ad­di­tional ca­pac­ity,” Delola said.

To ad­dress this loom­ing prob­lem and not to re­peat the Min­danao power cri­sis four years ago, DOE is look­ing for power in­vestors to put up new power plants in Min­danao.

Delola said their early cam­paign now for new power in­vestors will help avoid any power cri­sis in the fu­ture.

He said they are ex­pect­ing 1,332.43 MW of com­mit­ted power projects to come in be­tween 2018 to 2025. There are also 1,937.28 MW of in­dica­tive power projects that will hope­fully push through and be es­tab­lished be­fore 2025.

“We also have var­i­ous sup­port­ing mea­sures in place which fa­cili­ti­ate the im­ple­men­ta­tion fo en­ergy projects such as Ex­ec­u­tive Or­der (EO) No. 30 and the Ease of Do­ing Busi­ness Law,” Fe­lix Wil­liam B. Fuente­bella, DOE Un­der­sec­re­tary, said.

The EO 30 cre­ates the En­ergy In­vest­ment Co­or­di­nat­ing Coun­cil, which stream­lines reg­u­la­tory pro­ce­dures af­fect­ing en­ergy projects. Mean­while, the Ease of Do­ing Busi­ness Law pre­scribes three, seven, or 20 days ac­tion on re­quests made by in­vestors or busi­nesses.

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