NGCP extends yellow alert status on Luzon Grid

The National Grid Corporation of the Philippines (NGCP) extended the yellow alert status of the Luzon Grid on Wednesday afternoon, given the thin capacity available.

In an advisory, the NGCP said the yellow alert status will be extended until 5 p.m. on Wednesday, June 22. It was originally set from 12:00 noon to 4 p.m.

A yellow alert status indicates that the grid has thin reserves based on the difference between supply and demand, with 11,959 megawatts of available capacity versus the 11,350 megawatts peak demand.

The NGCP earlier reported a total unplanned unavailable energy of 1,592 megawatts, due to the forced outage of several plants including CPPL, SLPGC 1, SLPGC 3, SLPGC 4, GMEC 1, GMEC 2, and Calaca 2.

The NGCP is a privately-owned corporation in charge of operating, maintaining, and developing the country's state-owned power grid.

The State Grid Corporation of China (SGCC) holds a 40% stake in NGCP, while Henry Sy Jr.’s Monte Oro Grid Resources Corp. and Robert Coyiuto Jr.’s Calaca High Power Corp. each hold 30%.

The NGCP consortium holds a 25-year concession contract and a 50-year franchise to operate the country’s power transmission network.—AOL, GMA News