NGCP unveils long-term grid development plan in nationwide consultations
Published on November 14, 2024 12:00 AM
Transmission service provider NGCP has presented its 2024-2050 Transmission Development Plan (TDP) to various energy stakeholders during its recent annual nationwide public consultations.
The public consultations for North Luzon, South Luzon, Visayas, and Mindanao, gathered input and provided updates for the expansion and improvement of the nation's power grid.
The Department of Energy (DOE), 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 were among the key stakeholders present during the consultations.
“Our goal is to build a more sustainable and efficient power grid system in the coming years. The 2024–2050 Transmission Development Plan is a critical roadmap for achieving this, and we are committed to working closely with all stakeholders to ensure its successful implementation. These public consultations are an essential part of that process, allowing us to share our vision and gather valuable feedback,” NGCP said.
The updated TDP is designed to address the needs of the power grid, ensuring its reliability and stability to prevent transmission-related outages.
The public consultations also discussed NGCP’s ongoing and future grid developments, including upgraded project timelines, regulatory status, integration of renewable energy sources such as offshore wind plants, and the implementation of smart grid technologies for a more efficient and sustainable transmission system.
“These sessions provide detailed updates on the projects approved by the Energy Regulatory Commission (ERC), affected areas and provinces, and estimated target completion dates,” NGCP said.
“NGCP remains dedicated to enhancing the nation’s power grid infrastructure, prioritizing sustainability, efficiency, and resilience to support the Philippines’ growing energy needs,” it said. ###
2024-11-14 NGCP News Release TDP-2024-11-18-10-55-48.pdf
