The Energy Regulatory Commission (ERC) is preparing to penalize power generation companies in Visayas whose prolonged plant shutdowns have triggered persistent yellow grid alerts and threatened the regional power supply. ERC Chairperson Francis Saturnino Juan said in an interview last week that the...
The Philippines has secured approval for a new grant from the United States (US) aid arm Millennium Challenge Corp. (MCC) to support energy-sector reforms, providing a fresh boost to the Marcos Jr. administration’s efforts to strengthen energy security while the country remains under a state of...
The Energy Regulatory Commission (ERC) defended a contentious new policy that strips the state transmission operator of its exclusive building rights, arguing the shift is vital to unlock more than 1,000 megawatts of stranded renewable energy. Speaking at a European Chamber of Commerce of the...
The National Grid Corporation of the Philippines (NGCP) said it will actively evaluate new regulatory guidelines that strip away its exclusive control over building the country’s power lines, aiming to protect the legal and operational framework of the national transmission network. The privately...
Electricity consumers are set to break away from traditional utility monopolies next week, as regulators lower the threshold for market contestability to let households and small businesses choose their own power suppliers. Starting June 26, the Energy Regulatory Commission (ERC) will reduce the...
Amid a prolonged global oil crisis, the Philippines is poised to secure fresh grant and loan financing from bilateral as well as multilateral partners to support power-sector reforms and the transition to more renewable energy (RE) sources. United States (US) aid agency Millennium Challenge Corp....
The Philippines is set to secure another $1-billion loan from the World Bank in June, this time for an energy project follow-through and coupled with a $20-million grant, making the package the largest single financing commitment extended to the country by the Washington-based multilateral lender....
Twenty-five years after the Electric Power Industry Reform Act (EPIRA) restructured the country’s electricity sector, government and industry players are expected to raise a toast to “market liberalization” as a success story. Whether consumers feel just as energized, however, is another...
The Energy Regulatory Commission (ERC) has imposed new limits on the maximum market share power generation companies can control in the country’s regional and national grids, part of its regulatory push to curb monopolies and foster competition in the sector. The ERC updated the installed...
Recent rotational brownouts in Luzon have highlighted the urgent need to modernize the country’s aging power grid, with state-run policy think tank Philippine Institute for Development Studies (PIDS) warning that transmission bottlenecks and delayed infrastructure projects are increasingly...
Visayas grid was placed under its 15th consecutive yellow alert this month even after energy regulators launched on-site inspections of major power plants in the region to determine the causes of recent forced outages and accelerate the restoration of electricity supply. The Energy Regulatory...
APEC Party-list Rep. Sergio Dagooc is urging the government to review Department of Energy (DOE) and Energy Regulatory Commission (ERC) policies that may be contributing to both supply constraints and higher electricity costs. Dagooc made this call in light of the recent rotating brownouts in Luzon...
