National Grid Corporation of the Philippines paved the way for the successful launching of the Wholesale Electricity Spot Market in Mindanao”•a milestone for the Mindanao grid.
The Mindanao grid suffered rotating blackouts in recent years due to generation deficiency. However, the entry of large generators significantly increased supply, now creating a surplus and prompting the extension of WESM operations to Mindanao. With NGCP’s support, WESM Mindanao was officially launched in June.
“From its inception to its launch, we are very proud to be a part of this major development in Mindanao power operations. In line with our mandate to provide the best transmission services, we are always eager to support initiatives which will improve the grid’s power situation,” NGCP said.
NGCP’s biggest and most crucial contribution is the development of the Interim Mindanao Dispatch Protocol. This was implemented during the transitory period in preparation for the start of WESM’s commercial operations in Mindanao.
As a part of the IMDP, NGCP developed a website for generators and load customers to submit their available supply and forecasted demand. After collating the submitted data, the website enables NGCP to publish the demand profiles and generation-to-maintain matrix, a summary of the daily capacity allocation per hour for each individual, for the reference and use of players in the Mindanao electricity market.