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THE Department of Energy (DOE) assured over the weekend that summer months of 2024 could be “97-percent” brownout-free because the recurring issue on the lack of power reserves will finally be addressed before the year ends. Barring natural disasters and steady power demand, “I would say we are at 97 percent because we can’t control
THE Department of Energy (DOE) has drafted a policy that will classify pump-storage hydropower plants (PSH) as both energy source and ancillary service (AS), with plans to auction the capacity and trade this at the electricity spot market. Ancillary services are stand-by power in the event that baseload power plants…
On 6 April 2022 – Six months after the announcement of preferred bidders for Bid Window 5 – the Department of Mineral Resources and Energy ("DMRE") issued the request for proposals...
The competitive auction for ancillary services (AS) is now a go, according to the bid invite of the National Grid Corporation of the Philippines (NGCP). In a notice published on its website on Monday, the NGCP is inviting all interested grid-connected merchant plants and independent power producers to apply for…
The National Grid Corp. of the Philippines has re-launched its competitive selection process for additional reserves this year to maintain power quality and ensure the safety of the power grid.