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CEBU CITY, Philippines – The Nationwide Grid Company of the Philippines (NGCP) reported having achieved a number of milestones in 2024, together with the completion of 4 main initiatives that considerably bolstered the reliability of the nation’s grid infrastructure.
In January 2024, it inaugurated the Mindanao-Visayas Interconnection Undertaking (MVIP), adopted by the Cebu-Negros-Panay 230-kiloVolt (kV) spine in April, and the Mariveles-Hermosa-San Jose 500kV Line in July.
NGCP additionally accomplished in September, the Cebu-Bohol Interconnection Undertaking (CBIP) that performs a vital function in enhancing transmission providers and grid stability in Central Visayas because it helps develop the transmission freeway in Cebu, the load middle of the Visayas, by means of a brand new line that can transmit energy out and in of the province.
READ: NGCP to formally change on Visayas energy interlink
“These achievements mirror NGCP’s robust dedication to advancing our grid infrastructure to make sure a extra steady and resilient energy provide for households, companies, and industries,” NGCP stated in an announcement.
Along with its big-ticket initiatives, NGCP additionally supplied higher service at a decrease value, charging solely P0.55 centavos per KWH, in comparison with P0.74 below TransCo. That is equal to simply 3.39 p.c of the electrical energy invoice, whereas technology and distribution prices make up its bulk with 53.17 p.c and 21.81 p.c, respectively.
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Since 2019, when it took over the transmission operations from TransCo, outages went down by 82 p.c, reflecting the numerous enchancment within the effectivity and reliability of the nation’s grid below its watch.
Extra Tasks
Within the coming years, NGCP intends to finish extra big-ticket initiatives, together with the New Antipolo 230kV Substation in Rizal, the Laguindingan 230kV Substation in Misamis Oriental, and substation upgrading, voltage enchancment, and reliability initiatives in Luzon, Visayas, and Mindanao.
READ: NGCP earmarks ₱600B for grid initiatives
Different initiatives which can be scheduled for completion embrace the Tuguegarao–Lal-lo (Magapit) 230kV Transmission Line, AmbuklaoBinga-San Manuel 230kV Line, Western Luzon 500kV Spine Stage 2, Marilao Additional Excessive Voltage Substation, Tuy 500/230 kV Undertaking Stage 1, Nabas-Caticlan-Boracay 138kV Line, Cebu-Lapu-Lapu 230kV Transmission Line, Lapu-Lapu Metropolis 230kV Substation Undertaking, Tacurong-Kalamansig 69 kV Transmission Line Undertaking, and different upgrading initiatives.
NGCP has expressed confidence that these initiatives can be accomplished on schedule, “barring any additional right-of-way, allowing, and different exterior delays.”
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“Regardless of challenges being encountered in right-of-way acquisition and allowing, with the help of related authorities businesses, we’re optimistic that we’re on observe to complete these initiatives within the pipeline,” stated NGCP.
APPEAL
In the meantime, the transmission grid operator has renewed its attraction for the swift decision and approval of functions filed with the Vitality Regulatory Fee (ERC), referring to the corporate’s operations.
NGCP, a extremely regulated entity, wants the ERC’s approval earlier than it might implement initiatives and recuperate the prices spent in constructing these transmission amenities.
“We stay hopeful that the ERC will help our efforts by making certain a well timed and truthful restoration for our capital expenditure. This restoration is significant to sustaining our funding in enhancing the reliability and capability of our vitality infrastructure,” NGCP stated.
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