Arances defined that the

Arances defined that the PSAs will lock the country right into a reliance on coal for the next 20 years, this means that that no matter the trend of decreasing costs for renewable power generation like solar and wind, the Philippines can be caught with running and paying for costlier and dirtier strength from coal.

“Despite the passage of the Renewable Energy Act of 2008, renewable energy’s proportion within the strength mix has no longer accelerated from 34 percentage in that 12 months. In reality, it has even decreased to 29 percentage as of 2016,” Arances said.
“About 70 percent of power projects to go online in 2019 might be from coal. This method that by 2021, coal will deliver at least 50 percentage of our electricity desires,” he added.

On April 29, 2016, Meralco filed separate applications for approval of separate PSAs with the following electricity generation groups: Redondo Peninsula Energy, Inc. (RPE) with 225-MW, Atimonan One Energy, Inc. (A1E) 1,200-MW, St. Raphael Power Generation Corp. (SRPGC) 400-MW, Central Luzon Premiere Power Corp. (CLPPC) 528-MW, Mariveles Power Generation Corp. (MPGC) 528-MW, Panay Energy Devt. Corp. (PEDC) 70-MW, and Global Luzon Energy Devt. Corp. (GLEDC) six hundred-MW,

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