Quantcast
Latest Stories

Mindanao seen ready for electricity spot market

By

Mindanao, which has been experiencing brownouts due to power supply deficit, is set for the interim electricity market (IMEM), similar to the Wholesale Electricity Spot Market (WESM) for the Luzon and Visayas grids.

“We are on track,” Energy Secretary Carlos Jericho Petilla said of the IMEM launch set for Sept. 20. Trial operation has been ongoing since Aug. 26.

The system will go commercial after initial data on how much power capacity is available and how well they can be delivered are gathered.

“Hopefully by the time we have extra capacity in Mindanao, our reserve market will also be ready,” Petilla said.

On concerns that electricity rates will go up with the start of IMEM, Petilla said he would meet with Mindanao lawmakers today to help them understand the system and how it could help stabilize the power situation in Mindanao.

The Department of Energy (DOE) is in talks with embedded generators for the installation of Remote Terminal Unit devices that are compliant with the requirements of the IMEM. Embedded generators are end-users or entities whose generating units are indirectly connected to the grid through the distribution utility’s lines. They may also refer to generation facilities of large industrial customers within the distribution utility’s network that are synchronized to the grid.

In the meantime, National Grid Corporation of the Philippines (NGCP) has started establishing metering services compatible with that of WESM as well as an online program (imem.ngcp.ph) that will help grid customers in the operation of the Interim Mindanao Electricity Market (IMEM).

The transmission service provider and grid operator said the online program would be used to upload and download generators’ and load customers’ capacity nomination data and schedules for the use of all players in the electricity market in Mindanao.


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Business , electricity spot market , interim electricity market , Mindanao , power supply deficit

  • Wadav

    Mr Petilla, why not just let coops install solar farms in Mindanao minus bureaucratic red tape? In that way, mapabilis po ang project completion! Tigilan nyo Na po yang fossil fuel power stations! Lumang technology Na yan at magastos pa uin the long run!



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement

News

  • DOH asks co-passengers of OFW carrier to test for MERS-CoV
  • ‘Shouldn’t we move?’ Ferry evacuation under scrutiny
  • 5.5-magnitude quake hits Sultan Kudarat
  • Passengers denied chance to escape sinking South Korea ferry
  • Firetruck rams California eatery; 15 injured
  • Sports

  • PH youth boxers off to stumbling start in AIBA World tilt
  • Durant has 42, Thunder beat Pistons 112-111
  • Walker leads Bobcats over Bulls in OT, 91-86
  • Man City slips further out of title contention
  • Federer would skip tennis to be with wife, newborn
  • Lifestyle

  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • This is not just a farm
  • Clams and garlic, softshell crab risotto–not your usual seafood fare for Holy Week
  • Moist, extra-tender blueberry muffins
  • Entertainment

  • Will Arnett files for divorce from Amy Poehler
  • American rapper cuts own penis, jumps off building
  • Jay Z to bring Made in America music fest to LA
  • Why Lucky has not bought an engagement ring for Angel
  • Derek more private with new girlfriend
  • Business

  • Asia stocks fail to match Wall Street gains
  • Fired Yahoo exec gets $58M for 15 months of work
  • PH presses bid to keep rice import controls
  • PSEi continues to gain
  • Number of retrenched workers rose by 42% in ’13
  • Technology

  • DOF: Tagaytay, QC best at handling funds
  • Smart phone apps and sites perfect for the Holy Week
  • Tech company: Change passwords or suffer ‘Heartbleed’
  • Filling the digital talent gap
  • SSS to shut down website for Holy Week
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • Syria most dangerous country for journalists, PH 3rd—watchdog
  • Japan says visa-free entry still a plan
  • First Fil-Am elected to Sierra Madre, Calif. city council
  • UC Irvine cultural night to dramatize clash of values in immigrant family
  • Filipino sweets and info served at UC Berkeley Spring Fest
  • Marketplace