Energy stakeholders have agreed to implement a “gas swapping arrangement” to ensure a stable power supply amid projected thin reserves during the peak demand in dry season months from March to July this year.
On Monday, Energy Undersecretary Rowena Guevarra said the Luzon power grid is expected to be placed under— during the year’s week 11 in March, weeks 13 and 17 in April, all weeks of May, weeks 22 and 23 in June, week 35 in September, week 42 in October, and week 47 in November. Among the measures considered is the implementation of a “gas swapping arrangement,” wherein 80 standard cubic foot of First Gen’s Malampaya banked gas allocation would be sent to operate the South Premiere Power Corp.’s 1,200-megawatt Ilijan power plant, one of Luzon’s largest power generators.The arrangement will be submitted to Prime Energy —the operator of the Malampaya gas-to-power gas field.
The DOE is estimating that the potential shortage of electricity in the so-called peak months would be up to 1,000 megawatts.
Source: Energy Industry News (energyindustrynews.net)
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