Meralco sees tight power supply in summer of 2016


THE Manila Electric Co. (Meralco) on Wednesday warned that there could be a tight power supply in the summer of 2016.

Meralco president Oscar Reyes cited an expected high electricity demand because of hotter temperature.

But Reyes said the company has been exerting efforts to avoid power shutdowns during the hot season.

Since the 2016 national elections are scheduled for May 2016, he added, they have to exert efforts to avoid power interruptions.

Besides the higher power demand, Reyes told reporters, some power plants may undergo maintenance work.

“This may put some tightness in supply based on their maintenance schedule,” he said.
To prevent power shortfall, according to Reyes, the company has begun contracting power supply.

He said they have started contracting a total of 243 megawatts (MW) of power supply from three generation companies intended for the summer season.

“We already received these proposals and we would like to put [those]to price challenge. We can use all three but they are subject to challenge,” Reyes explained.

The offers include 28MW from Toledo Power Co., 45MW from Panay Power Corp. and 170MW from 1590 Energy Corp.
Reyes said the contract, good for one year, will start from February 2016.

He said the Independent Power Supply Agreements (IPSAs) will be effective immediately upon approval of the Energy Regulatory Commission (ERC).

Meralco has offered the IPSAs to generation companies with at least three years of experience for owning, operating or administering power plant/s with a corresponding valid certificate of compliance.


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