Energy firms told to deliver projects on time

• Published date: 28 October 2022
• Publication title: Philippines News agency

The Department of Energy (DOE) on Friday urged companies to complete their generation and transmission projects on time to ensure adequate supply and delivery of power to consumers.

During the Virtual Energy Investment Forum, DOE Director Irma Exconde said delays in the completion of liquefied natural gas (LNG) projects and transmission projects, as well as non-compliance with the agency's policy on the maintenance schedule of power plants, remain a challenge to the country's power supply.

These challenges are on top of the depleting reserves of the Malampaya gas field and the continued high fuel prices in the global market, especially coal, which has the largest share in power capacity and generation mix.

For instance, Exconde said, the Luzon grid may experience 17 yellow alerts and three red alerts next year if the 1,200-megawatt (MW) Ilijan gas power plant would not resume its operation in time for the summer period.

A yellow alert is declared when reserves fall below ideal levels, while a red alert is when...