The Energy Regulatory Commission (ERC) has instituted revisions in the ‘financial capability standards’ that generation companies (GenCos) must comply with, primarily in ensuring their operational viability. The regulatory body stated it comprehended the need to amend and update the...
The Energy Regulatory Commission (ERC) has approved P13.885 billion worth of refund to Manila Electric Company (Meralco) that will translate to rate reduction of P0.1528 per kilowatt hour (kWh) in their customers’ electricity bills by next month. (MANILA BULLETIN) As mandated by the regulatory...
The Energy Regulatory Commission (ERC) has junked the bid for feed-in-tariff (FIT) incentive of energy technologies that shall be harnessed from ocean resources, primarily those leaning on ocean thermal energy conversion (OTEC) applications. Instead, the regulatory boy had directed the National...