By Lenie Lectura – July 3, 2024 from Business Mirror THE Manila Electric Co. (Meralco) received six offers for the supply of its 400 megawatts (MW) of mid-merit requirement. "By yesterday's deadline to express interest to participate in the 400MW mid-merit CSP (Competitive Selection Process), Meralco's BAC (Bids and Awards Committee) received an aggregate offered capacity of 1,220MW from six interested bidders," said Meralco utility economics head Lawrence Fernandez via Viber. With mid-merit power supply, the gap between baseload and peaking plants is filled. Baseload supply is mostly sourced from coal power plants that must run 24-hours a day while peak power is required when demand is at its highest.