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Friday, April 19, 2024

DOE’s call to revise Meralco terms backed

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Power for People Coalition (P4P) is supporting the call of the Department of Energy on retailer Manila Electric Co. to revise its bidding terms of reference to give power suppliers more flexibility.

P4P is also urging Meralco to include more renewable energy sources in the energy mix during the competitive selection process, or public bidding.

Meralco has solicited bids for 1,200 megawatts of supply starting 2024 over a 20-year period using a high efficiency, low emissions technology.

“We welcome the announcement of Secretary Cusi calling on Meralco to change its terms of reference for its competitive selection process. However, we are not happy that the changes he asks for will just allow more coal-fired power plants to participate, instead of taking the opportunity to obey President Duterte’s directive to have more renewable sources available to Filipinos,” said P4P Convenor Gerry Arances. 

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