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Meralco awaits DOE nod for 800-MW power supply auctions

Business | Trade & Industry

Meralco awaits DOE nod for 800-MW power supply auctions

By Gabriell Christel Galang

Manila Electric Company (Meralco) is awaiting the Department of Energy's (DOE) approval to proceed with its planned competitive selection processes (CSPs) this year, which aim to procure power through transparent and cost-effective means.

In an interview, Larry Fernandez, head of utility economics at Meralco, explained that the company is seeking the DOE’s issuance of the Certificate of Conformity (CoC), a requirement under DOE policy before initiating new power supply bidding. This CoC essentially provides the go-signal for the company to begin publication for the CSP.

“Meralco has yet to receive this for two proposed CSPs: the 200-megawatt (MW) renewable energy baseload supply starting January 26, 2026, and the 600-MW baseload supply starting February 26, 2028,” he said.

Baseload power plants are designed to run continuously, providing a steady, reliable supply of electricity to meet the minimum demand on the grid. In contrast, mid-merit plants are utilized when electricity demand fluctuates, typically operating during moderate demands to provide grid flexibility.

These CSPs were initially scheduled for April and May this year. However, due to the delays, Meralco hopes to obtain the certification to begin the selective bidding.

This development follows Meralco's announcement of plans to begin the CSP that would secure more than 2,100 MW of capacity under its long-term supply procurement plan from 2026 to 2046.

Related Tags

Manila Electric Co. (Meralco) Department of Energy (DOE)

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