Solon calls industry players to do next rounds of bidding swiftly

Energy industry safety among topics on security symposia this month

Marinduque Representative Lord Allan Velasco encouraged the Department of Energy (DOE) and energy industry players to fast-track the next round of bidding for much-needed greenfield baseload capacity.

“We believe that with the increasing demand of power being projected for the coming years, our country urgently needs additional capacity to support the current Administration’s golden age of infrastructure. The record number of Yellow and Red Alerts that plagued Luzon Grid customers this year should not be allowed to recur in the coming years,” Velasco said in a statement.

He said that new bidding for baseload capacity will be a welcome development as it is in line with President Rodrigo Duterte’s goal to bring down the cost of electricity while securing steady power supply nationwide.

This is also in line with the landmark Republic Act No. 11371, known as Murang Kuryente Act signed in August 2019, which aims to make inexpensive energy supply accessible to Filipino consumers.

“We also call on the other distribution utilities and electric cooperatives to expedite their own CSPs, in strict compliance with the DoE’s CSP guidelines, to support the building of greenfield power facilities,” he said.

 

 

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