This photo shows a press conference spearheaded by People4Power Coalition whose speakers include P4P convenor Gerry Arances and former presidential candidate Leody de Guzman.MANILA, Philippines — Energy consumer advocacy group Power4People coalition condemned coal plants run by different firms in the country, named by a study as the “primary culprit” of the continuous predicaments of the country’s power grids.
The group, which cited the think-tank’s study, said that 51.23% of forced outages came from coal plants while 19.87% came from gas plants in the past five years. Since April, the power grids of Luzon, Visayas and Mindanao have been placed either on yellow and red alerts due to the deficit in power supply.
“Mahigit limang taon na natin nararanasan itong rotating brownouts, forced outages, yellow and red alerts,” Arrances said in a press conference. Lotilla was the firm’s lead independent director before being appointed by President Ferdinand Marcos Jr. in the Energy department, Aboitiz Power Corp. has confirmed to After it was tagged as one of the main drivers of forced outages, Aboitiz said that it is looking at CEED's report.has also reached out to the DOE, San Miguel Corp., DMCI Holdings and First Gen for comment on the study's claims. This will be updated with their responses.
The stock market is expected to trade sideways while investors await the results of the Bangko Sentral ng Pilipinas ...
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