 |
| Photo: bworldonline |
As a follow-up to Meralco’s recently conducted Competitive
Selection Process (CSP) last September, which successfully resulted in the award of
Power Supply Agreements (PSAs) that are very price competitive and lower
than prevailing generation charges, we hope that the Department of Energy
(DoE), as well as industry players and stakeholders, act swiftly on the next
round of biddings for muchneeded greenfield baseload capacity.
We believe that with the increasing demand of power being
projected for the coming years, our country urgently needs additional capacity to
support the current Administration’s golden age of infrastructure. The record
number of Yellow and Red Alerts that plagued Luzon Grid consumers this year should
not be allowed to recur in the coming years.
We look forward to the start of the next round of bidding
for new baseload capacity, which will definitely be a welcome development, as this is
aligned with the Duterte Administration’s goal of bringing down the cost of
electricity and ensuring a steady and continued supply of power across the country. We also
call on the other
distribution utilities and electric cooperatives to expedite
their own CSPs, in strict compliance with the DoE’s CSP guidelines, to support the
building of greenfield power
facilities.
We call on both public and private sector to boost such
crucial government initiatives in finding ways to provide adequate power supply at lower
costs to the end-users.
This is especially in line with the landmark Republic Act
No. 11371, known as Murang Kuryente Act signed in August 2019, which set the stage for
this milestone step to
make available a reliable, resilient and inexpensive energy
supply to Filipino consumers.
