To sustain the energy requirement s of the country, the government continued its drive in further expanding the exploration of local fossil fuel s . On 09 May 2014, the DOE launched the 5 th Philippine Energy Contracting Round (PECR 5 ) for the exploration of 11 petroleum and 15 coal potential areas in the country, mostly found in the Mindanao Region.
The system speak demand for Luzon grid for 2014 was recorded at 8,717 MW on 21 May 2014. This was 4.96 percent higher than the recorded demand of 8,305 MW which occurred in May 2013. For Visayas, system peak demand was at 1,636 MW which occurred on 27 May 2014, while in Mindanao the highest demand was at 1,461 MW which was recorded on 13 November 2014. Historically, system peak of Visayas and Mindanao usually occur in the month of December. The change in the occurrence of peak demand in the Visayas can be attributed to the calamities that adversely affect ed the performance of the industry sector in 2014 .
|Source Institution||Department of Energy|
|Place of Publication||Manila|
|Original Publication Date||December 31, 2014|