DOE requires GenCos to submit plant operations report

Published January 25, 2023, 3:49 PM

by Myrna M. Velasco

The Department of Energy (DOE) will be requiring the generation companies (GenCos) to submit additional reports, detailing monthly operational data of their power plants, sales, power supply and fuel consumption, that could help the government improve its monitoring, planning as well as on policy development for the restructured electricity sector.

In a draft Circular that was published in the DOE website and circulated to relevant stakeholders, it was stipulated that all data to be submitted by the GenCos, as well as embedded generators and independent power producer administrators (IPPAs) “shall be treated with utmost confidentiality.”

The department added “all gathered information shall be solely used for the DOE’s monitoring, planning and policy development and shall not in any way be used as evidence in court and other administrative proceedings.”

The other reports mandated to be submitted by the generation firms to the DOE will be those on short-run marginal cost (SRMC); net revenue; cost of new entry and generation profile.

The lodgment of the required GenCo reports “shall be done using the data structures and standard templates,” as specified by the energy department.

The proposed DOE Circular also detailed out the frequency of submission of the reports – with the plant operations data, generation sales, power supply and fuel consumption reports decreed to be turned in “by last day of the month following the billing month.”

For SRMC and net revenue, submissions shall be done on or before 31st day of January; while ‘cost of new entry’ and generation profile would be a one-time submission; with warranted updating as determined by the DOE.

The department further noted that the list of data and report-submissions may be expanded as it deems necessary; and it will be issuing a corresponding advisory to the GenCos prior to enforcement of such mandate.

Upon the final issuance of the DOE Circular, it was similarly prescribed that the Energy Regulatory Commission (ERC) shall “promulgate the supporting guidelines to implement the obligations” laid down in the policy.

The energy department emphasized that the guidelines to be issued by the regulatory body “shall provide for incentives and penalties that may be imposed to the electric power industry participants for non-compliance to reportorial requirements.”

 
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