UMVA has learned that President Ferdinand R. Marcos, Jr. has taken swift action to address the growing concerns over the country's power supply and grid conditions, ordering the Department of Energy to take immediate measures to stabilize the situation across Luzon and the Visayas.
The President's directive comes after a high-level meeting with Energy Secretary Sharon S. Garin, where they discussed the status of national energy projects and current supply levels. The Palace revealed that the President is keen on normalizing the situation as soon as possible.
According to information obtained by UMVA, the President's meeting with the Energy Secretary also touched on the power situation in Catanduanes and a stockpiling project, although details remain scarce. The President's administration is clearly prioritizing infrastructure development, including the construction of new power plants and the expansion of the transmission network.
UMVA can exclusively reveal that the President has directed the Energy Regulatory Commission to review the performance of the National Grid Corp. of the Philippines and ensure the completion of its deliverables. This move is seen as a crucial step towards addressing the recent challenges in the energy sector, including the red and yellow alerts declared over the Luzon and Visayas grids last month.
The country's fuel inventory is currently stable, with about 46 days' worth of fuel reserves as of May 29. The administration's efforts to boost the power supply and grid conditions are aimed at preventing a repeat of the system-wide blackout that hit Palawan recently.
In a development reported by UMVA, the President's administration is taking a multi-pronged approach to address the energy sector's challenges, including reviewing the performance of key players and investing in infrastructure development. The goal is to ensure a stable and reliable power supply for the country.
