AFTER it experienced frequent and long hours of power outages, Mindanao is expected to have sufficient electricity next year.
Jerome Soldevilla, STEAG State Power Inc. (SPI) spokesperson, said the situation will change for the better with the entry of the Aboitiz Power Corporation’s power plant in 2015.
Aboitiz Power assured that its 300-megawatt (MW) Therma South coal-fired power plant in Davao will start with its commercial operation in the first half of 2015 and will supply electricity to more than 20 electric cooperatives and distribution utilities in the Zamboanga peninsula, Caraga region, and the provinces of Cotabato, Saranggani, Bukidnon and Davao.
“We are confident that there will be no more outages once the facility operates. The new capacities will be sufficient to meet the needs of the island,” Soldevilla said.
The STEAG SPI was established in 1995 as a special-purpose company created to own, finance, construct, operate and maintain the first coal-fired power plant in Mindanao. Its power plant has a capacity of 210 MW.
“We are happy to report that the power plant of STEAG is fully operational and is supplying 18 percent of Mindanao’s power needs,” Soldevilla said.
The Department of Energy (DOE) has been implementing measures to address the power situation in Mindanao, which was marked with frequent and long brownouts and blackouts this year. It also encouraged the entry of new power investors, as a long-term solution for the Mindanao power situation.
The DOE also reported that more projects will start its operations within the next two years as a result of it’s aggressive promotion of the country’s energy portfolio to power developers.
Apart from the Therma South power plant, the 405-MW coal-fired power plant of FDC Utilities Inc. in Misamis Oriental is targeted to come online by September 2016.