Aboitiz Power Corporation remains the country’s top power generating firm, closely followed by San Miguel Corporation, based on the latest data from the Department of Energy (DOE).
The DOE, in its 37th Electric Power Industry Reform Act (EPIRA) Implementation Status Report, said that AboitizPower has the largest market share in terms of generating capacity nationwide from May to October 2020, with 4,973 megawatts (MW) or 21.2% of the 23,410MW total installed capacity. San Miguel followed with 4,856MW or 20.7%. Lopez-run First Gen Corporation came in at third with 3,568MW or 15.2%.
On a per grid basis, San Miguel is Luzon’s biggest power generator with 4,556MW (28.4%) of the 16,044MW total capacity, followed by AboitizPower at second with 3,402MW (21.2%), and First Gen at third with 2,518MW (15.7%).
State-run Power Sector Assets and Liabilities Management Corporation (PSALM), DM Consunji, Inc., Ayala-led AC Energy, and Quezon Power (Philippines) Ltd. round up the top generators in the Luzon Grid — the largest of the country’s three grids.
In the Visayas Grid, First Gen leads in market share with 942MW or 28% of the 3,367MW total capacity, followed at second by AboitizPower with 731MW (21.7%), and Manny Pangilinan-led Global Business Power Corporation at third with 606MW (18%). SPC Power, AC Energy, A. Brown Company Inc., and Helios Solar Energy Corporation round up the grid’s top generators.
The government, through PSALM, is Mindanao’s largest power generator with 847MW or 21.2% of the region’s 3,999MW total installed capacity. AboitizPower followed at second with 841MW (21%) and Alsons Power Group at third with 480MW (12%). AC Energy, Filinvest’s FDC Utilities, San Miguel, Cagayan Electric Power and Light Co. Inc., and First Gen round up the southern grid’s leading generators.
Under the EPIRA, a company cannot own, operate, or control more than 30% of a grid’s installed generating capacity (IGC) and more than 25% of the national IGC.
The Energy Regulatory Commission regularly updates the IGC and market share limitations on both national grid and on a per grid basis.