Corporate News & Analysis: 6,161 MW of Power Capacity Coming from 2016-2020

6,161 MW of power capacity will be on-line from 2016 to 2020.  4,001 MW will be in Luzon, 1,668 MW will be in Mindanao and 472 MW will be in the Visayas region.  This is a welcome development considering power deficient Mindanao’s reserve capacity as of 6am this morning is just 738 MW, while Luzon is 1,783 MW and the Visayas kind of worrisome at only 459 MW.  PH’s GDP is growing at around 6% per quarter.  More townships, malls, BPO offices, plants, residential subdivisions and others are sprouting not just in MM but nationwide.

A sufficient base-load is also established to foster renewable energy projects.  Baseload power consists of steady and reliable supply of sources of power such as coal and fuel.  73% or 4,515 MW of the upcoming 6,161 MW power capacity comes from coal, and 18% or 1,100 MW comes from natural gas.  Renewables come next with hydros at 201 MW, wind at 115 MW and geothermal at 93 MW.  DOE’s target is a 65% base-load suggesting room for renewables further in the future.

Click & Read the BusinessWorld News Article Here

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