The press statement of the upcoming Mindanao Power Summit 2009 alarmed me. It said that “by 2014, projections have it that Mindanao will have a deficit capacity of 484 megawatts which is equivalent to putting out power in the five major cities of Mindanao – Zamboanga, Cagayan de Oro, Davao, Butuan, and Cotabato.”

That means that five years from now, Mindanao will suffer a devastating power crisis and that the situation may reach the most critical state if we do not act fast and act now. The press statement also claimed that the entire Mindanao grid may experience regular rotating brownouts as early as next year (!), especially with the coming in of additional new investments that are anticipated to further deplete the grid’s reserve capacity.

I don’t know about you but their statement worries me.

What are we supposed to do now? What’s the government doing about this? Has society really been passive about the power crisis? Meanwhile, malls, shopping centers and skyscrapers are being built left and right here in Mindanao.

What’s going on?

Hopefully, doable solutions to this looming power crisis will be established during the Mindanao Power Summit 2009.

The event, organized by the Mindanao Business Council and the Cagayan de Oro Chamber of Commerce and Industry, will be held on December 2 and 3, 2009 at the Xavier Estates Sports and Country Club in CDO, Mindanao.

The 2009 Mindanao Power Summit is being organized “in response to the shrinking reserve capacity of the Mindanao Grid.”

It will tackle three major themes: Creating an Enabling Environment for Investors in Power Generation; Addressing Governance Issues for Sufficient and Reliable Power and; Mainstreaming Sustainable Responsible Investments in the Power Industry.

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