NGCP conducts virtual Transmission Development Plan public consultations for 2021-2040
Published on February 26, 2021 12:00 AM
Despite the ongoing COVID-19 pandemic, NGCP continues its annual public consultation to present the 2021-2040 Transmission Development Plan (TDP) to various energy agencies and stakeholders from Luzon, Visayas, Mindanao.
From January to February 2021, NGCP scheduled online teleconferencing cascades of the 2021-2040 TDP to the Department of Energy, National Transmission Corporation (TransCo), Philippine Electricity Market Corporation (PEMC), Independent Electricity Market Operator of the Philippines (IEMOP), Meralco, and power generators and customers from Luzon, Visayas, and Mindanao to present the roadmap for the expansion and improvement of the grid in the coming years. This includes updates on the projects approved by the Energy Regulatory Commission (ERC), affected areas/provinces, and estimated target completion, among other details.
The updated TDP also takes into consideration the needs of the power grid to ensure its reliability and stability to prevent instances of power interruptions and transmission-related outages.
“Despite the ongoing pandemic, NGCP found ways to push through with the public consultation for the updated TDP for 2021-2040. This exercise is meant to provide updates on NGCP’s grid improvement projects and get substantial feedback from our stakeholders before finalizing and submitting to the Department of Energy. Our stakeholders’ inputs are vital as we map out our priority projects to address the growing demand for power in the country. This will ensure that the plans of NGCP for the coming years are in sync with the needs of our power customers and the entire energy industry,” said NGCP.
NGCP is a Filipino-led, privately owned company in charge of operating, maintaining, and developing the country’s power grid, led by majority shareholders and Vice Chairman of the Board Henry Sy, Jr. and Co-Vice Chairman Robert Coyiuto, Jr.###