Philippine Energy Policy Wiki

PEP 2023-2050 Vol. II — Section F2: Power Development — WESM, Off-Grid, Electrification, Investment (pp. 94–111)

Status
operative
Confidence
high
Effective date
2023

Source document: raw/_pdf/planning-docs/pep-2023-2050-vol2.pdf, pages 94–111.
Extracted via pdftotext -f 105 -l 122 (PDF page offset: +11 front-matter pages).
The file also contains the opening paragraph of Chapter II (Transition Finance) at lines 2472–2503.

Scope

Section F2 covers the second half of Section F (Power Development), plus investment/employment projections:

  • Supply Roadmap and WESM / Electricity Market (pp. 94–98): WESM Mindanao launch, participants, prices, Reserve Market, REM, EDM/CfD, Capacity Market
  • Off-Grid Development (pp. 98–103): UC-ME graduation/rationalization, TransCo SIGSO, MEDP, NPC financing, Occidental Mindoro crisis, four island interconnection projects
  • Total Electrification (pp. 103–109): Household electrification data, NTER 2023-2032, MGSA implementation, TESC, SEP, PV-SHS, MGSP-CSP, BARMM
  • Investment and Employment Opportunities (pp. 109–111): Power generation capacity, investment, and jobs by scenario and technology

Key Facts

WESM

  • Mindanao WESM commercial ops: 26 January 2023 (DC2022-12-0039); ceremonial launch 6 February 2023
  • 433 registered participants (October 2023): 202 GenCos / 178 customers / 37 ASPs / 16 MSPs
  • Grid split: Luzon 177 / Visayas 96 / Mindanao 81
  • Avg spot transactions: 1,576.3 GWh/month (May–Oct 2023); Luzon 67% / Visayas 21.5% / Mindanao 11.5%
  • Net Effective Settlement Price: PhP6,408.3/MWh (generators); PhP6,613.8/MWh (customers)
  • Reserve Market: TOP directed June 2023; DC2023-09-0026 targets commercial ops 26 March 2024 (Phase 1)
  • REM: 265 participants (July 2023); interim commercial ops
  • EDM/CfD: IEMOP study ongoing; legal barriers remain (only banks/insurance cos. authorized for derivatives)
  • Capacity Market: Independent Impact Assessment proposed; no timeline

Off-Grid Development

  • DC2022-05-0016 (24 May 2022): UC-ME graduation/rationalization; 7 objectives; TransCo+NEA 10-year plan mandate
  • TransCo SIGSO: MOA with PALECO/OMECO/ORMECO; standalone Mindoro Grid ops commenced August 2023
  • MEDP 2021-2025 published 17 February 2023
  • NPC financing: PhP5B credit (LBP) + PhP10B short-term (LBP, 5 October 2023); ERC UC-ME True-up PhP4.8B
  • Occidental Mindoro State of Calamity: 20 April 2023; 4 hrs/day; 29 MW demand vs. 12 MW supply; OMCPC failure; DOE/NEA directed 30 MW
  • Island interconnections: CCIP (Dec 2030); BMIP (ERC-approved Nov 2022, NGCP target 2025); QMIP (Dec 2030); PMIP (Feb 2033)

Total Electrification

  • National rate (Dec 2022, DU data, 2015 Census): 96.2% (25.91M served / 0.88M unserved)
  • National rate (June 2023, NTER, 2020 Census): 91.15% (25.27M / 27.73M)
  • BARMM: 43.1% (339,985 / 789,013 HHs) as of December 2023
  • NTER 2023-2032 published 27 October 2023; target 100% by 2028 (29.49M HHs)
  • NTER 2024-2028: 3.677M HHs to serve (2.706M ECs + 0.971M PIOUs/LGOUs)
  • RA 11646 MGSA IRR: DC2022-05-0017 (24 May 2022)
  • TESC: DO 2022-12-0016 (21 Dec 2022); DOE chairs; NEA/NPC/TransCo members
  • SEP: 1,006 of 1,085 targeted sitios energized by Nov 2023; NEA targets 10,535 by end of Marcos Jr. admin
  • PV-SHS: 69,565 installed (June 2023); Mindanao 58,647 (84.3%); DOE+EU-ASEP; NEA implementing
  • ER 1-94 Sunset Clause: Advisory 8 May 2023; EF reverted to electrification purpose; PhP5.091B disbursed (79.2% of PhP6.425B)
  • MGSP-CSP: 98 areas / 15,645 HHs; bid released 27 Oct 2023; 39% of unserved/underserved viable for microgrids

Investment and Employment (Power Generation)

  • Short-term 2023-2028: REF 18.5 GW (PhP1.6T) / CES-1 18.2 GW (PhP1.9T) / CES-2 19.7 GW (PhP2.0T)
  • Long-term 2029-2050: REF 104.2 GW (PhP7.0T) / CES-1 111.5 GW (PhP9.9T) / CES-2 113.3 GW (PhP13.3T)
  • OSW (2029-2050): REF PhP965B (6.8 GW) / CES-1 PhP2,483B (17.5 GW) / CES-2 PhP6,924B (48.1 GW)
  • CES-1 total: 35.6% above REF; CES-2: 76.5% above REF
  • Total jobs 2023-2050: REF ~1.15M / CES-1 ~1.44M / CES-2 ~1.68M
  • OSW jobs (CES-2, 2029-2050): 822,597 (12.28 construction/MW × 48.1 GW)

Pages Created or Updated

ActionPage
CreatedWholesale Electricity Spot Market (WESM) — WESM market structure, Mindanao launch, 433 participants, prices, Reserve Market roadmap, REM, EDM/CfD, Capacity Market
CreatedNational Total Electrification Roadmap (NTER) 2023-2032 — NTER 2023-2032; two baselines explained; electrification tables; BARMM 43.1%; TESC; MGSP-CSP; SEP; PV-SHS; ER 1-94 status
UpdatedDigest: RA 11646 — Microgrid Systems Act of 2022 — Major expansion: MGSP eligibility, 3 area categories, IRR, TESC, existing MGSP operators table (11 sites), PALECO CSP (ARC, 12 lots), first MGSP-CSP Oct 2023
UpdatedUniversal Charge for Missionary Electrification (UC-ME) — Added DC2022-05-0016 graduation/rationalization (7 objectives), TransCo SIGSO Mindoro, MEDP, NPC PhP15B financing, Occidental Mindoro crisis case study, 4 island interconnection projects table
UpdatedPEP 2023-2050 Investment Requirements — Added Vol. II Tables 57-58: capacity additions by technology, investment by technology and scenario, jobs by technology and scenario
UpdatedMOC: Philippine Energy Plan 2023-2050 — Volume II — F2: Pending → Ingested; full F2 summary block; WESM/nter/ra-11646/pep-investment-requirements added to related
Updatedmeta/entities.md — Added OMCPC (private, Mindoro), European Union (international)
Updatedmeta/index.md — Added wesm, nter; updated ra-11646, uc-me, pep-investment-requirements summaries; Vol. II status A–F2

Raw extraction: pdftotext output