5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Investigation of red, yellow alerts in Luzon, Visayas sought

by
April 30, 2024
in Stock
0
Investigation of red, yellow alerts in Luzon, Visayas sought
MATTHEW HENRY-UNSPLASH

A SENATOR has filed a resolution seeking an inquiry into the recent red and yellow alerts in the Luzon and Visayas power grids amid increased demand due to record heat.

“The persistent problem of insufficient electricity supply suffered by Filipinos requires a comprehensive solution from all electric power industry participants,” Senator Sherwin T. Gatchalian said in Senate Resolution No. 1018 filed on April 29.

The Senate was urged to consult with the Department of Energy (DoE), National Grid Corp. of the Philippines (NGCP) and other stakeholders to look into the country’s power supply outlook and measures to ensure continuous supply.

On Monday, the NGCP placed the main island of Luzon and the Visayas under yellow alerts after their power supply fell below the safety threshold.

Yellow alerts are issued when the supply available to the grid falls below a safety threshold. If the supply-demand balance deteriorates, a red alert is declared.

Metro Manila and other regions have been experiencing sizzling temperatures due to the El Niño weather event.

Mr. Gatchalian said the DoE and Energy Regulatory Commission (ERC) should propose short, medium and long-term solutions to the country’s power supply problems.

He said these agencies should ensure power generation companies comply with the highest standards.

The Luzon grid’s available capacity was 14,952 megawatts (MW), while peak demand forecast was 13,893 MW, the NGCP said on Monday.

It said four power plants have been on forced outage since 2023, four between January and March 2024 and 13 this month. One plant is running on a derated capacity. Due to the forced outage, a total of 1,443.3 MW were unavailable to the grid.

Meanwhile, the Visayas grid was placed under yellow alert from 1-4 p.m. and 6-8 p.m. Its available capacity was 2,835 MW, while peak demand forecast was 2,596 MW.

Philippine President Ferdinand R. Marcos, Jr. on Monday said the country was in a “crisis,” with systems being overloaded. He said his government would continue monitoring power supply and endorse NGCP projects.

“The effect of El Niño is not something new to us,” Mr. Gatchalian said. “We shouldn’t settle for knee-jerk solutions every time we have a spike in demand due to weather-related disturbances.” — John Victor D. Ordoñez

Previous Post

SSS calls out 1,200 delinquent employers

Next Post

2024-2025 school calendar may end earlier in March

Next Post
2024-2025 school calendar may end earlier in March

2024-2025 school calendar may end earlier in March

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Here’s how your garden grows with Wilcon

    Here’s how your garden grows with Wilcon

    May 16, 2025
    Millennial campaign strategist topples Quezon town’s 33-year dominance

    Millennial campaign strategist topples Quezon town’s 33-year dominance

    May 16, 2025
    Aviva warns against forcing UK pension funds to buy domestic assets

    Aviva warns against forcing UK pension funds to buy domestic assets

    May 16, 2025
    From Desert to Downtown: Choosing the Right Car for Your Dubai Adventure

    From Desert to Downtown: Choosing the Right Car for Your Dubai Adventure

    May 16, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.