The Department of Energy (DOE) has expressed concern over a possible surge in electricity prices during the summer months if power plants experience unplanned outages, further straining an already tight power supply.
DOE Undersecretary Rowena Guevara emphasized the need to keep contingency reserves ready and ensure that lower-cost power generators remain in operation to mitigate the impact of higher prices on consumers.
Guevara explained that while the DOE’s power outlook released in January does not predict any power supply issues, a possible yellow alert could be issued for Luzon and Visayas, but assured the public that there would be no brownouts.
To avoid any potential outages, the DOE has coordinated with the National Grid Corp. of the Philippines and power generators to schedule maintenance outside of the summer months.
Guevara also underscored the importance of demand-side management and encouraged the public to conserve energy and practice efficiency to help alleviate the power supply situation.
The DOE’s efforts aim to ensure that there is sufficient power supply throughout the summer months while minimizing the impact on consumers’ electricity bills.