This time, the competitive selection (CSP) process prefers awarding contracts in new areas and on those areas overlooked by proponents in the first round.
Clean energy provider First Gen Corporation has identified several areas around its hydroelectric power plant complex in Pantabangan, Nueva Ecija, which the Lopez-led power company considers potential sites for developing solar and wind farms, as well as a battery energy storage system (BESS).
The Independent Electricity Market Operator of the Philippines (IEMOP) projected peak power demand rising 6 percent at the Wholesale Electricity Spot Market (WESM) as temperature climbs in the hot months forward when the island groups across the country demand the most from the power grid.