The Energy Regulatory Commission (ERC) is soliciting inputs from industry stakeholders for the crafting of the implementing rules and regulations (IRR) of Republic Act 11552, which seeks to extend the lifeline subsidy or discount rate for marginalized electricity consumers for the next 50 years....
Senator Risa Hontiveros on Thursday questioned the National Grid Corporation of the Philippines (NGCP) over its P448-million expenses on advertisements and entertainment, saying these should not be passed on to electricity consumers as these are not critical to power transmission operations. “It...
The required initial public offering (IPO) for power generation companies (GenCos) at the Philippine Stock Exchange (PSE) has been proposed for scrapping, so the restructured electricity sector can attract more investments. To lift that mandate of the Electric Power Industry Reform Act (EPIRA),...
Senator Sherwin Gatchalian is seeking passage of a measure that would open up the country’s electricity market by lifting the public offering requirement provision in the Electric Power Industry Reform Act or EPIRA Law to lure more generation companies into investing in the Philippines....
The House Committee on Energy on Monday, May 24 approved a bill that would give the Joint Congressional Energy Commission (JCEC) a permanent status, removing in the process its expiration as a body exercising oversight functions on the energy sector. In a committee hearing alternately presided over...
Power retail competition expanded More Filipino consumers can already exercise their ‘power of choice’ on their electricity service as the threshold for power retail competition will be brought down to 500 kilowatts by February 2021, based on the prescription of Retail Competition and Open...
As a follow-through to Malacanang’s issuance of Executive Order (EO) 116, the Department of Energy (DOE) indicated that it will submit its crafted “nuclear power development plan” to President Rodrigo Duterte next month. “Our timeline is December -- to submit it (nuclear plan) to the...
