, Philippines

Cheap hydropower in the Philippines is now dead: government

RP government looks into coal power plant to address power shortage in Mindanao.

Speaking at the Power and Electricity World Asia 2012 held in Singapore, Board of Investments managing head Cristino L. Panlilio said that gone are the days when hydroelectric plants supply most of the power demand of the Mindanao and for some part Visayas.

There are few other power plants in Mindanao, usually diesel facilities built to complement the current hydropower capacity, but statistics from the government show that more than half of the energy in the region are sourced from hydro.

“Cheap hydropower is now dead. Maria Cristina falls, which is the major source of hydropower in most parts of the Mindanao, now has insufficient capacity to supply the demands of a growing population and an expanding economy,” he said adding that the RP government is now actively engaged in seeking investments for coal power plants in the South despite a number of oppositions.

“The public is clamoring against coal-fired power plants but at the mean time, this is one of the viable options that the government is considering to address the looming power crisis in Mindanao,” noted Panlilio.
The government he said is not actively engaged in seeking partnerships with major power firms in the Phillipines like SN Aboitiz.
 

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Will the government pay for coal power exit in Vietnam?
The country’s coal power phase-out strategy sees renewables accounting for 67.7%–71.5% of the energy mix by 2050.
IPP
India removes licence requirement to build transmission lines for bulk consumers
The rule applies to those with at least 25 MW of load for inter-state connection and at least 10 MW for intra-state.
NEFIN Group works double time to catch up on projects
CEO Glenn Lim explains how a delay turned out good as the company aims to reach 667 MW of capacity by 2026.