By Francis Allan L. Angelo
The Department of Energy (DOE) has announced a substantial increase in the Philippines’ power supply, with at least 4,164.92 megawatts (MW) of energy projects slated to come online in 2024.
Of the power projects earmarked for this year, 161.20 MW have already entered commercial operation, with an additional 835.888 MW currently in the testing and commissioning phase.
The projects represent a mix of renewable and conventional energy sources, which include baseload plants projected at 678.06 MW, mid-merit plants at 1,320 MW, and peaking plants totaling 2,164.92 MW.
The majority of the new capacity, 4,030 MW, will be located in Luzon, with the Visayas and Mindanao set to receive 80.25 MW and 52.50 MW, respectively. According to the DOE’s timeline, 1,224.655 MW will become operational in the second quarter, followed by 1,352.167 MW in the third quarter, and 1,571.154 MW in the final quarter of the year.
Highlighted in the new capacities is the 4×150 MW Mariveles Coal-Fired Power Plant, with one unit already operational and the remaining expected to fully commence by the third quarter. Moreover, the 3×440 MW Batangas Combined Cycle Power Plant by Excellent Energy Resources Inc. (EERI) is anticipated to be functional by the year’s end.
Solar energy also plays a significant role, with 1,984.775 MW of solar capacity nearing completion. A portion of this, 966.294 MW, is expected to be online by June, while 494.888 MW are in testing stages but can already contribute to the grid.
Additionally, the DOE forecasts that at least 590 MW from battery energy storage systems will be integrated into the grid in 2024, with 32.42 MW already in operation. This enhancement is crucial for meeting the growing energy demand and maintaining supply during peak periods, thereby preventing potential power interruptions.
The DOE, led by Energy Secretary Raphael P.M. Lotilla, urged local government units (LGUs) and other government entities to expedite permit issuance and resolve right-of-way issues to support the timely completion of energy projects.
Delays not only hinder project progression but also affect investor confidence and local economic growth, Lotilla said.
President Ferdinand Marcos Jr.’s administration has already operationalized 1,274 MW of installed capacity since its inception, contributing to grid capacity. Additionally, the successful completion of the Mindanao Visayas Interconnection Project (MVIP) and the Cebu-Negros-Panay (CNP) Backbone Project under the current administration marks significant advancements in the nation’s energy sector, enhancing connectivity and resilience.
