Chell Ugay | Oct. 1, 2018
Aimed at providing stakeholders with updates on the current power situation and industry developments, Davao Light & Power Co., Inc. recently held a two-session consumer forum with Davao City-based business chambers.
Held at the Davao Light Admin Office along C. Bangoy Sr. Street (formerly Ponciano Reyes) last September 24, the forum dubbed “KuryenTalks” is in line with the Department of Energy’s (DOE) objective to keep consumers up to speed on the Philippine power industry.
“Mindanao has come a long way from being deprived of sufficient electricity supply to an era wherein substantial amounts of capacities and reserves are available to address the ever growing demands of our consumers,” guest speaker Engr. Redentor Delola, DOE assistant secretary, said.
Present during the forum were representatives of the Davao City Chamber of Commerce and Industries, American Chamber of Commerce of the Philippines, Canadian Chamber of Commerce of the Philippines, as well as the Japanese Chamber of Commerce and Industry of the Philippines.
Delola shared the latest on Mindanao’s power situation and the implementation of the Wholesale Electricity Spot Market (WESM) here.
“It is therefore high [time] for us to implement policies and programs, like WESM Mindanao, that will further improve the transparency, efficiency, and competition in the entire electric power industry with emphasis on providing the power choice not just to the business sector, but to all of our consumers,” Delola added.
Engr. Rodger S. Velasco, Davao Light Executive Vice President and COO, also briefed the business chambers on how the electric distribution utility strategically addresses the increasing demand for power given the robust economy of Davao.
DLPC’s service policy is in tune with the World Energy Council’s thrust of sustainability, which is based on three core dimensions – energy security, energy equity, and environmental sustainability. This is referred to as the Energy Trilemma.
“There has been a steady increase in the demand for power in spite of the acute energy shortage conditions from 2010 up to the first four months of 2016. This year, the peak demand registered at 417 MW, which is higher by 13 MW compared to 2017, when we first reached the 400-MW level. However, we are forecasting a compounded annual growth rate of 5.44% for a 5-year period up to 2019,” said Velasco.
This steady growth may be evident of how Davao City’s facade and landscape have changed in recent years. From only having horizontal buildings, the city’s central business district now has several multi-story condominiums within its vicinity.
From 2014 to present, the power distributor has received over 60 applications for 1 MVA and above service connections, Velasco said.