The world’s multilateral development banks (MDBs) have reaffirmed their commitment to advancing key infrastructure projects, including the Association of Southeast Asian Nations (ASEAN) Power Grid, by streamlining co-financing processes and expanding tools like local currency lending and foreign...
State-run think tank Philippine Institute for Development Studies (PIDS) believes that skepticism surrounding the feasibility of the Association of Southeast Asian Nations (ASEAN) Power Grid is likely to diminish over time, citing investments that could help address this years-long concern. In an...
In the quest to materialize the great regional grid interlink across the Association of Southeast Asian Nations (ASEAN), the Manila-based Asian Development Bank (ADB) is projecting around $16 billion (approximately ₱890 billion) worth of investments to pursue the development of key...
The National Electrification Administration (NEA) has partnered with a Spanish engineering firm in an effort to link Camiguin Island to the Mindanao power grid. In a statement, NEA said it signed a feasibility study contract with Osprel SL, a Madrid-based engineering consultancy, to conduct...
Roughly 6,000 to 7,000-megawatt (MW) capacity ramp up is expected in the next two years, yet grid development is still stuck in the slow lane and woefully unprepared to handle the influx. Now, the government wants to pass the burden to power producers, especially the renewable energy (RE)...
In the wake of recent power disruptions caused by severe weather, the Department of Science and Technology (DOST) is pushing for the integration of artificial intelligence (AI) into the country's electricity grid. During a panel discussion at the University of the Philippines, the DOST's Philippine...
An Executive Order (EO) mandating state-run National Transmission Corporation (TransCo) to build transmission facilities to underpin the wheeling of generated capacities from renewable energy (RE) facilities will be issued soon by President Marcos. In an exclusive interview on the sidelines of the...
The commercial operations of the ancillary services (AS) market will guarantee the full procurement of power reserves needed by system operator National Grid Corporation of the Philippines (NGCP) in efficiently running the country’s electricity system. After more than a decade of planning, policy...
TOKYO, Japan – A Japanese company has presented an offer to the Philippine government on the application of an artificial intelligence-based (AI) technology that can systematically track power outages and could also aid in right-sizing the design of transmission network as well as other...
Camarines Sur 2nd district Rep. LRay Villafuerte has asserted that the failure of National Grid Corporation of the Philippines (NGCP) to expand and upgrade the country’s power grid is “reason enough for the Congress to consider recasting, if not revoking, its franchise”. In a statement on...
The Department of Energy (DOE) is recommending the establishment of a ‘new protocol’ that shall firmly guide National Grid Corporation of the Philippines (NGCP) on power supply-demand balance at the course of its grid operations during emergency situations. As stated by Energy Undersecretary...
Maharlika Investment Corp. (MIC) President and Chief Executive Officer Rafael Consing Jr. believes that a probable investment by the sovereign fund into the National Grid Corporation of the Philippines (NGCP) will be profitable, as well as bring stability to the grid and power communities across...