Thursday, June 15, 2017

Philippines: DOE organizes long-term energy plan for new power plants

Philippines: DOE organizes long-term energy plan for new power plants

THE DEPARTMENT OF ENERGY (DOE) HAS PLANNED IDEAL LOCATIONS TO BUILD NEW
POWER PLANTS TO MEET THE PROJECTED NEEDED SUPPLY OF OVER 43,000 MEGAWATTS
(MW) UNTIL THE YEAR 2040.

As opened up by the Philippines' long-term energy plan, Energy Secretary
Alfonso Cusi said that this will serve as an investment opportunities guide
for the private sector.

Cusi said that they have indicated the ideal locations of the needed
generation capacities after they have considered all the important factors
like the availability of transmission facilities and the projected demand in
the specific areas.

The latest DOE data showed that the National Capital Region and Bicol were
the ideal locations to put up new power plants in Luzon.

The ideal sites in Visayas are in Cebu, Samar, and Bohol. The ideal sites in
Mindanao are in Agusan del Sur, Zamboanga Sibugay, and Sultan Kudarat.

The plan of the government is to execute a robust pipeline of public works
at an unprecedented speed as it plans to spend P8.4 trillion over the next
five years to put up vital infrastructure to cope with the country's
economic growth.

Energy Secretary Cusi stressed the need for the executive order (EO) to
declare power projects as projects of national significance. He also said
that power plants should be annually built starting from this year to meet
the massive demands in the coming years.

"Hopefully, with 'Dutertenomics' attracting the adequate level of private
investments, we can reach our targeted additional power capacity by year
2040 - 43,765 MW," Cusi said.

"Dutertenomics" is the President's economic agenda and a program anchored on
rule of law, driven by massive infrastructure spending, and has the slogan
"Build, Build, Build."

"The 43,000 MW is parallel with the Ambisyon Natin 2040. As we will build
the plants on a yearly basis, [that will be] dependent on the demand. Up to
2022, we are forecasting about 12,000 MW of the 43,000 will be in that
period. That's because of the increase in infra building under 'Build,
Build, Build'," Cusi said.

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

Link to Original Article:
http://powerphilippines.com/2017/06/14/doe-organizes-long-term-energy-plan-n
ew-power-plants/


--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.