Spain’s Fondo para la Internacionalización de la Empresa is financing a feasibility study for a submarine power interconnection between the islands of Camiguin and Mindanao to boost the country’s energy infrastructure and regional development. The proposed 69-kilovolt submarine cable, dubbed the Esperanza-Liong Submarine Cable, aims to replace an aging 13.2 kV line serving Camiguin, resolving voltage instability, reducing system losses, and lowering electricity costs for residents. The project will enable the full integration of renewable energy from the 100-megawatt Owakan wind power project into the Mindanao Grid. The National Electrification Administration signed a contract with Osprel SL for the feasibility study, which will cover electrical, bathymetric, meteorological, and environmental aspects to ensure a reliable energy supply to Camiguin.
