The agreement, covering a 20-year period starting June 26, 2026, will tap advanced anaerobic digestion technology to convert agricultural waste into clean power. The move supports Meralco’s and the country’s broader climate goals while providing sustainable waste disposal solutions to farms in the province.
Turning farm waste into clean power
Apart from providing a stable and reasonably priced baseload renewable energy source, the facility helps reduce greenhouse gas emissions by repurposing farm waste and manure, contributing to climate mitigation efforts in Quezon.
“We hope that the signing of the PSA would encourage more investment in biogas to help local communities and to further develop this type of RE technology,” said Meralco senior vice president and head of regulatory management Jose Ronald V. Valles. “Per procedure, the PSA will now be submitted to the Energy Regulatory Commission for review and approval.”
Supporting national RE targets
The new deal also forms part of Meralco’s compliance with the Department of Energy’s Renewable Portfolio Standards (RPS), which require electricity suppliers to gradually increase their sourcing from renewable energy. The RPS mandates a 2.52-percent increase in RE sourcing annually.
Meralco has already contracted 1,535 MW of renewable energy—exceeding its initial target of 1,500 MW. The utility aims for RE to comprise 26 percent of its supply portfolio by 2030. —Ed: Corrie S. Narisma