Philippine power supply for Q2 2026 remains sufficient, but thin reserves leave grid at risk amid demand surge and plant outages
Institute for Climate and Sustainable Cities PRESS RELEASE QUEZON CITY, 25 March 2026 — The Luzon, Visayas, and Mindanao grids are projected to have sufficient power supply from April to June 2026 but reserve margins remain thin, according to the latest report of the Institute for Climate and Sustainable Cities (ICSC). That said, power supply margins remain highly vulnerable to changes in demand, delays in project completion, unplanned outages of major power plants, and constraints in the high-voltage direct current (HVDC) lines. In the latest “Philippine Power Outlook: Reviewing the Adequacy of Power Supply for April to June 2026” [...]
ICSC: Meralco-Sta. Rita contract risks continued exposure to rising LNG power costs
Institute for Climate and Sustainable Cities [ANALYSIS] ICSC: Meralco-Sta. Rita contract risks continued exposure to rising LNG power costs QUEZON CITY, 26 January 2026 –– As the one-time interim extension of the power supply agreement (PSA) between Meralco and First Gen Sta. Rita near its end, the Institute for Climate and Sustainable Cities highlights the need for a more thorough and careful planning process for future power procurement, as the reliance on imported liquefied natural gas (LNG) has led to rising electricity costs that are shouldered by Filipino households and businesses. The PSA extension to operate until January 31 [...]