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The Department of Energy (DOE) on Friday said the Luzon power grid might experience problems during the national elections period in May, taking into consideration the unpredictability of outages of power plants.
EXPECT power interruptions and soaring electricity rates this summer because of unplanned and prolonged shutdown of most power plants, an independent energy think tank warned on Wednesday. During a virtual press briefing held Wednesday afternoon, the chief data scientist of the Institute for Climate and Sustainable Cities (ICSC), Jephraim Manansala,…
Published April 6, 2021, 11:45 AM Despite stifled demand because of the re-imposition of enhanced community quarantine (ECQ) in the so-called NCR plus bubble, prices in the Wholesale Electricity Spot Market (WESM) have been hitting record-spikes in recent trading days because of the combined impact of simultaneous power plant outages and the gas restriction at the Malampaya field. According to sources from the industry, outages in power plants last month caused more than 3,500 megawatts taken out from the system, hence, the well-anticipated rate hikes in the April billing cycle that will be d...