The total capacity of committed power plants from the private sector increased by more than 16 percent as of first half of 2022, according to the Department of Energy (DOE).
The agency said the number increased to 8,867.69 megawatts (MW) for the period, compared to the 7,628.17 MW recorded as of first half of 2021.
DOE considers power plants as committed when they have achieved power supply agreements, financial close, system impact study and other key permits from the Department of Environment and Natural Resources and the Energy Regulatory Commission.
Projects in the list are those expected to be built from this year until 2027 and even those that are yet to be decided.
The total number also only reflected capacity from traditional power plants and excluded committed battery energy storage facilities whose number went down by almost two percent to 2,070.13 MW from first half 2021’s 2,110 MW.
Bulk of the committed capacity as of first half-2022 equivalent to 8,085.06 MW are located in Luzon or over 91 percent of all planned projects nationwide.
On a nationwide basis, coal still has the highest share in committed projects at 4,488.40 MW followed by natural gas-fired power plants with 3,500 MW, solar with 415.24 MW, hydro with 232.80 MW and geothermal with 129 MW.
Committed capacities for both biomass and oil-based power projects are minimal at 60.60 MW and 41.75 MW, respectively.
There are no committed capacities for wind power projects. – Jed Macapagal
