By Neil Jerome C. Morales (The Philippine Star) Updated October 22, 2012 12:00 AM
MANILA, Philippines - A planned electricity market can add more than 350 megawatts (MW) of available output in electricity-starved Mindanao, an official said.
The Interim Mindanao Electricity Market (IMEM) is ready for rollout late this year or early next year to help solve the supply shortfall in the region.
“In that electricity market model, there is untapped generation capacity that is available,” Energy Undersecretary Josefina Patricia Asirit said.
Asirit said the Department of Energy (DOE) has identified 360 megawatts (MW) of power generation capacity that can be added to the Mindanao grid.
This includes embedded power generation and idle power plants that can be turned on depending on the demand.
One of the sellers in the IMEM will include the 100-MW Iligan diesel plant of Alsons Consolidated Resources Inc., Asirit said.
The IMEM will be a market for buying and selling electricity. It is a venue for power generators to offer their available output.
Asirit said in terms of blended costs, consumers are seen to shoulder an additional 30 centavos per kilowatt-hour as expensive electricity might be sold in the IMEM.
Luzon and Visayas are already interconnected through the Wholesale Electricity Spot Market. This allows excess output in Visayas to be sold to Luzon and vice versa.
To date, Mindanao is suffering from 30 minutes to four hours of rotating blackout given a supply shortfall of around 300 MW. source
The Interim Mindanao Electricity Market (IMEM) is ready for rollout late this year or early next year to help solve the supply shortfall in the region.
“In that electricity market model, there is untapped generation capacity that is available,” Energy Undersecretary Josefina Patricia Asirit said.
Asirit said the Department of Energy (DOE) has identified 360 megawatts (MW) of power generation capacity that can be added to the Mindanao grid.
This includes embedded power generation and idle power plants that can be turned on depending on the demand.
One of the sellers in the IMEM will include the 100-MW Iligan diesel plant of Alsons Consolidated Resources Inc., Asirit said.
The IMEM will be a market for buying and selling electricity. It is a venue for power generators to offer their available output.
Asirit said in terms of blended costs, consumers are seen to shoulder an additional 30 centavos per kilowatt-hour as expensive electricity might be sold in the IMEM.
Luzon and Visayas are already interconnected through the Wholesale Electricity Spot Market. This allows excess output in Visayas to be sold to Luzon and vice versa.
To date, Mindanao is suffering from 30 minutes to four hours of rotating blackout given a supply shortfall of around 300 MW. source
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