The country’s energy demand may soon overtake the current energy reserves – and if not addressed, may lead to a power crisis.
The dependable energy reserve is only at five to 10 percent – very low compared to other Asian countries like Singapore whose reserves are at 50 percent.
“We run the risk of having red alerts, yellow alerts – this is because reserves are very thin,” Senate Committee on Energy chairman Sherwin Gatchalian said.
According to National Grid Corporation of the Philippines (NGCP) Luzon grid system operation shift head Roberto Jimenez, the country’s energy demand increases by five to eight percent annually.
“The government, especially the Department of Energy, and all the energy family, must come up with a concrete program so that the power supply can cope with the increasing load demand,” Jimenez added.
This is part of CNN Philippines’ documentary called “Powering the Future” where the country’s power supply scenario is investigated to determine what approach the government should take to address the growing energy demand of the country.
Know more about the country’s current power situation by watching “Powering the Future” below: