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No power shortage seen during Malampaya shutdown

  • August 23, 2021
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No power shortage seen during Malampaya shutdown

The Independent Electricity Market Operator of the Philippines (IEMOP) sees no shortage in power supply while the Malampaya gas field suspends production from October 2-22.

IEMOP, the operator of the Wholesale Electricity Spot Market (WESM), pointed out that supply levels

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are generally enough to meet power demand, based on its projection for the period from August 25-December 25.

Available generating capacity for Luzon and Visayas this October in particular could go as high as 15,807 megawatts (MW), while demand would peak at 13,655MW for a reserve margin o

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f 2,152MW
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.

Malampaya supplies around 30% of the Luzon Grid’s electricit

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y needs and around 20% of the entire country’s.

IEMOP’s forecast for Mindanao is separate pending the completion of the National Grid Corporation of the Philippines’ (NGCP) Mindanao-Visayas Interconnection Project. NGCP aims to finish the project by the first quarter of next year.