LUZON and Mindanao are expected to enjoy stable power conditions next year, though the Visayas could be developing an excessive dependence on the other two islandLUZON and Mindanao are expected to enjoy stable power conditions next year, though the Visayas could be developing an excessive dependence on the other two island

Luzon, Mindanao power supply to remain stable

2025/12/11 20:53

LUZON and Mindanao are expected to enjoy stable power conditions next year, though the Visayas could be developing an excessive dependence on the other two island grids, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

In a briefing on Thursday, Isidro E. Cacho, Jr., IEMOP vice-president for trading operations, said: “When it comes to the Visayas, we’re seeing an issue because it’s now becoming dependent on Luzon and Mindanao.”

The national grid has become unified following the start of full commercial operations at the Mindanao-Visayas Interconnection Project last year. This allowed power sharing across the Luzon, Visayas, and Mindanao grids.

Mr. Cacho said that any forced outages on Luzon and Mindanao could affect power supply in the Visayas.

“The Visayas is a net importer of power from Luzon and Mindanao, so when the interconnections from Mindanao and Luzon are limited, power plants end up setting higher prices in the Visayas,” Mr. Cacho said.

For next year’s dry season, Mr. Cacho said prices on the Wholesale Electricity Spot Market (WESM) could range from P5-6 per kilowatt-hour (kWh) on Luzon and P4-5 per kWh in Mindanao.

WESM prices in the Visayas, on the other hand, could range between P6 and P7 per kWh.

Mr. Cacho said that the Department of Energy’s Grid Operation and Maintenance Program has scheduled plant maintenance in the first, third, and fourth quarters of 2026.

Planned outages are not allowed in the second quarter, during the year’s hottest months.

IEMOP operates the WESM, where energy companies can buy power if their long-term contracted power deals prove inadequate for their needs.

Last month, the average power rate in the WESM declined 12.4% to P3.98 per kWh in November. — Sheldeen Joy Talavera

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

SEC issues investor guide on crypto wallets and custody risks

SEC issues investor guide on crypto wallets and custody risks

The SEC released a guide on crypto wallets and custody for investors.
Share
Cryptopolitan2025/12/14 08:38
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Share
BitcoinEthereumNews2025/09/18 02:21