Business World Online
Posted on September 15, 2013 10:39:31 PM
By Claire-Ann M. C. Feliciano, ReporterTHE ENERGY department plans to conduct on Friday a ceremonial launching of the Interim Mindanao Electricity Market (IMEM), intended to make people aware that the commercial operations of electricity trading in the island is nearing.
The IMEM is expected to address Mindanao’s power supply deficiency by mandating generators with excess capacities to offer these through a trading platform.
Energy Secretary Carlos Jericho L. Petilla told reporters last Friday that preparations for the commercial operations of IMEM -- scheduled on Sept. 26 -- are under way.
“We are on track for the IMEM. On the 20th, there will be a ceremonial launching to make the people aware that IMEM is coming,” Mr. Petilla said on the sidelines of the opening of the Malampaya HSSE Training Centre in Clark Freeport Zone, Pampanga.
“On the 26th, we will proceed with the scheduled initial commercial operations of IMEM. The full commercial operations will come after that,” he added.
Mr. Petilla said the initial operations of IMEM will involve a “dispatch protocol” for power generators with embedded capacity.
“This will lead to the determination of the actual amount of electricity that can be traded in the IMEM,” he explained.
“So we will see how the IMEM will work with all the mechanisms in place. We will do a dispatch protocol and after perfecting that, everything is expected to follow.”
Mr. Petilla said the initial operations will also “familiarize power generators in Mindanao on how to do capacity nominations through the trading platform.”
He clarified, though, that trading of electricity will take place during the full commercial operations.
“So during the initial implementation, there will only be dispatch protocol and no trading of electricity. The trading will proceed depending on how long it will take for the dispatch protocol to be completed,” Mr. Petilla said.
He continued: “But I think a month is more than enough for the initial operations.”
The official noted that currently, power generators in the island “refuse to sell their excess capacities to distribution utilities because there is no guaranteed payment.”
With the IMEM, these generators can sell their capacities that will subsequently supply additional power to the Mindanao grid.
“My hope is that all sporadic capacities will be traded and maximized in the IMEM. We will extract them because there’s IMEM and there’s guaranteed payment so it will be favorable to the power generators as well,” Mr. Petilla said.
Philippine Electricity Market Corp., the market operator, asked for the Energy Regulatory Commission’s approval last month to collect P55.162 million from its Mindanao customers to cover the cost of establishing and operating the IMEM this year and the projected cost to run the market next year.
The Mindanao grid yesterday had a system capacity of 1,165 megawatts (MW) and a shortage of 26 MW, government data showed. The IMEM is expected to pool in an estimated 200 MW of additional capacity from power generators. source
Energy Secretary Carlos Jericho L. Petilla told reporters last Friday that preparations for the commercial operations of IMEM -- scheduled on Sept. 26 -- are under way.
“We are on track for the IMEM. On the 20th, there will be a ceremonial launching to make the people aware that IMEM is coming,” Mr. Petilla said on the sidelines of the opening of the Malampaya HSSE Training Centre in Clark Freeport Zone, Pampanga.
“On the 26th, we will proceed with the scheduled initial commercial operations of IMEM. The full commercial operations will come after that,” he added.
Mr. Petilla said the initial operations of IMEM will involve a “dispatch protocol” for power generators with embedded capacity.
“This will lead to the determination of the actual amount of electricity that can be traded in the IMEM,” he explained.
“So we will see how the IMEM will work with all the mechanisms in place. We will do a dispatch protocol and after perfecting that, everything is expected to follow.”
Mr. Petilla said the initial operations will also “familiarize power generators in Mindanao on how to do capacity nominations through the trading platform.”
He clarified, though, that trading of electricity will take place during the full commercial operations.
“So during the initial implementation, there will only be dispatch protocol and no trading of electricity. The trading will proceed depending on how long it will take for the dispatch protocol to be completed,” Mr. Petilla said.
He continued: “But I think a month is more than enough for the initial operations.”
The official noted that currently, power generators in the island “refuse to sell their excess capacities to distribution utilities because there is no guaranteed payment.”
With the IMEM, these generators can sell their capacities that will subsequently supply additional power to the Mindanao grid.
“My hope is that all sporadic capacities will be traded and maximized in the IMEM. We will extract them because there’s IMEM and there’s guaranteed payment so it will be favorable to the power generators as well,” Mr. Petilla said.
Philippine Electricity Market Corp., the market operator, asked for the Energy Regulatory Commission’s approval last month to collect P55.162 million from its Mindanao customers to cover the cost of establishing and operating the IMEM this year and the projected cost to run the market next year.
The Mindanao grid yesterday had a system capacity of 1,165 megawatts (MW) and a shortage of 26 MW, government data showed. The IMEM is expected to pool in an estimated 200 MW of additional capacity from power generators. source
No comments:
Post a Comment