by Alena Mae S. Flores – December 04, 2015 at 11:10 pm
from Manila Standard
The Luzon grid will need additional capacity in the later part of 2018, even as some 20 energy projects with a combined capacity of 2,397 megawatts start operating from 2015 to 2020, an Energy Department official said Friday.
“Assuming that all the power plants will be in place as scheduled, the Luzon grid will be requiring additional capacity in the later part of 2018 which provides an opportunity for private sector investors,” Energy Undersecretary Donato Marcos said.
He also cited an additional 9,044 MW of indicative power projects in the pipeline for Luzon.
Marcos said 11 projects with a combined capacity of 675 MW were expected to be installed until 2020 in the Visayas, while 18 projects with a total capacity of 601 MW were in the indicative stage.
“In spite of the capacities coming in, we will still be needing additional capacity by 2017. This opens an opportunity for the private sector to venture into the power business,” he said.