ADVERTISEMENT
Manila Bulletin devider Business devider Trade & Industry devider AboitizPower's Therma South inks first EPSA to power Misamis Occidental

AboitizPower's Therma South inks first EPSA to power Misamis Occidental

Published May 19, 2026 10:11 am
AboitizPower and MOELCI-I recently held a ceremonial signing, enabling the power supplier and the electric cooperative to keep the communities powered. The event was led by AboitizPower Head of Revenue Operations James Yu (3rd from left) and MOELCI-I General Manager Engr. Guilvin Medina (4th from left), together with other executives from their respective organizations.
AboitizPower and MOELCI-I recently held a ceremonial signing, enabling the power supplier and the electric cooperative to keep the communities powered. The event was led by AboitizPower Head of Revenue Operations James Yu (3rd from left) and MOELCI-I General Manager Engr. Guilvin Medina (4th from left), together with other executives from their respective organizations.

An Aboitiz Power Corp. (AboitizPower) subsidiary has inked a two-megawatt (MW) emergency power supply agreement (EPSA) with Misamis Occidental I Electric Cooperative Inc. (MOELCI-I) to reinforce grid reliability in the province.

In a statement on Tuesday, May 19, Therma South Inc. (TSI) said it secured an emergency power procurement agreement with the electric coop, aimed at mitigating potential supply gaps and ensuring uninterrupted electricity for consumers across Oroquieta City, as well as the municipalities of Aloran, Lopez Jaena, Plaridel, Calamba, Baliangao, Sapang Dalaga, and Concepcion.

The transaction marks the first-ever EPSA executed by TSI, highlighting the power firm’s strategic pivot to flexible contract mechanisms amid tightening supply dynamics in Mindanao grid.

An EPSA is a short-term contract designed to bypass the standard energy procurement process to avoid immediate power curtailment or potential blackouts. By exempting itself from the competitive selection process (CSP), a power provider is allowed to supply electricity to the electric coop for a limited period.

“Our partnership with AboitizPower has always been rooted in reliability and mutual trust, and this EPSA is a reflection of that,” said MOELCI-I general manager Guilvin Medina, noting that TSI has been the cooperative’s baseload power supplier for over a decade.

For his part, AboitizPower Head of Revenue Operations James Yu reiterated the group’s commitment to supporting its distribution utility (DU) partners during critical grid contingencies.

“At TSI and AboitizPower, we don’t just provide power—we stand by our partners in every situation, including the critical moments when they need us most,” Yu said.

Mindanao’s energy landscape has become increasingly volatile following its integration into the Wholesale Electricity Spot Market (WESM), prompting power generators and electric cooperatives (ECs) to forge bilateral safety nets against price spikes and capacity deficits.

TSI operates a 300-MW coal-fired power plant in Davao City and Sta. Cruz town, Davao del Sur province.

It supplies electricity to over 20 electric co-ops and distribution utilities across Mindanao region, including Davao, Cagayan de Oro, General Santos, Butuan, Zamboanga, Kidapawan, Cotabato, Tagum, Agusan, Surigao, Sarangani, Sultan Kudarat, Bukidnon, and Misamis Oriental. - Gabriell Christel Galang

Related Tags

AboitizPower Therma South Inc. Misamis Occidental
ADVERTISEMENT
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1561_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1562_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1563_widget.title }}

{{ item.title }}

{{ articles_filter_1564_widget.title }}

{{ item.title }}
.mb-article-details { position: relative; } .mb-article-details .article-body-preview, .mb-article-details .article-body-summary{ font-size: 17px; line-height: 30px; font-family: "Libre Caslon Text", serif; color: #000; } .mb-article-details .article-body-preview iframe , .mb-article-details .article-body-summary iframe{ width: 100%; margin: auto; } .read-more-background { background: linear-gradient(180deg, color(display-p3 1.000 1.000 1.000 / 0) 13.75%, color(display-p3 1.000 1.000 1.000 / 0.8) 30.79%, color(display-p3 1.000 1.000 1.000) 72.5%); position: absolute; height: 200px; width: 100%; bottom: 0; display: flex; justify-content: center; align-items: center; padding: 0; } .read-more-background a{ color: #000; } .read-more-btn { padding: 17px 45px; font-family: Inter; font-weight: 700; font-size: 18px; line-height: 16px; text-align: center; vertical-align: middle; border: 1px solid black; background-color: white; } .hidden { display: none; }
function initializeAllSwipers() { // Get all hidden inputs with cms_article_id document.querySelectorAll('[id^="cms_article_id_"]').forEach(function (input) { const cmsArticleId = input.value; const articleSelector = '#article-' + cmsArticleId + ' .body_images'; const swiperElement = document.querySelector(articleSelector); if (swiperElement && !swiperElement.classList.contains('swiper-initialized')) { new Swiper(articleSelector, { loop: true, pagination: false, navigation: { nextEl: '#article-' + cmsArticleId + ' .swiper-button-next', prevEl: '#article-' + cmsArticleId + ' .swiper-button-prev', }, }); } }); } setTimeout(initializeAllSwipers, 3000); const intersectionObserver = new IntersectionObserver( (entries) => { entries.forEach((entry) => { if (entry.isIntersecting) { const newUrl = entry.target.getAttribute("data-url"); if (newUrl) { history.pushState(null, null, newUrl); let article = entry.target; // Extract metadata const author = article.querySelector('.author-section').textContent.replace('By', '').trim(); const section = article.querySelector('.section-info ').textContent.replace(' ', ' '); const title = article.querySelector('.article-title h1').textContent; // Parse URL for Chartbeat path format const parsedUrl = new URL(newUrl, window.location.origin); const cleanUrl = parsedUrl.host + parsedUrl.pathname; // Update Chartbeat configuration if (typeof window._sf_async_config !== 'undefined') { window._sf_async_config.path = cleanUrl; window._sf_async_config.sections = section; window._sf_async_config.authors = author; } // Track virtual page view with Chartbeat if (typeof pSUPERFLY !== 'undefined' && typeof pSUPERFLY.virtualPage === 'function') { try { pSUPERFLY.virtualPage({ path: cleanUrl, title: title, sections: section, authors: author }); } catch (error) { console.error('ping error', error); } } // Optional: Update document title if (title && title !== document.title) { document.title = title; } } } }); }, { threshold: 0.1 } ); function showArticleBody(button) { const article = button.closest("article"); const summary = article.querySelector(".article-body-summary"); const body = article.querySelector(".article-body-preview"); const readMoreSection = article.querySelector(".read-more-background"); // Hide summary and read-more section summary.style.display = "none"; readMoreSection.style.display = "none"; // Show the full article body body.classList.remove("hidden"); } document.addEventListener("DOMContentLoaded", () => { let loadCount = 0; // Track how many times articles are loaded const offset = [1, 2, 3, 4, 5, 6, 7, 8, 9, 10]; // Offset values const currentUrl = window.location.pathname.substring(1); let isLoading = false; // Prevent multiple calls if (!currentUrl) { console.log("Current URL is invalid."); return; } const sentinel = document.getElementById("load-more-sentinel"); if (!sentinel) { console.log("Sentinel element not found."); return; } function isSentinelVisible() { const rect = sentinel.getBoundingClientRect(); return ( rect.top < window.innerHeight && rect.bottom >= 0 ); } function onScroll() { if (isLoading) return; if (isSentinelVisible()) { if (loadCount >= offset.length) { console.log("Maximum load attempts reached."); window.removeEventListener("scroll", onScroll); return; } isLoading = true; const currentOffset = offset[loadCount]; window.loadMoreItems().then(() => { let article = document.querySelector('#widget_1690 > div:nth-last-of-type(2) article'); intersectionObserver.observe(article) loadCount++; }).catch(error => { console.error("Error loading more items:", error); }).finally(() => { isLoading = false; }); } } window.addEventListener("scroll", onScroll); });
Join Our Newsletters

Sign up by email to receive news.

© 2025 Manila Bulletin The Nation's Leading Newspaper. All Rights Reserved.