System operator National Grid Corporation of the Philippines (NGCP) is batting for regulatory approval on full cost recovery of its P20.94 billion investment in the newly reinforced 500-kilovolt Hermosa-San Jose transmission line, which is now supporting the wheeling of additional capacities in...
The Energy Regulatory Commission (ERC) has ordered all distribution utilities (DUs) in the Luzon and Visayas grids to delay charging consumers preliminary generation charges. In a statement, ERC said on Tuesday, June 10, that DUs should wait until the release of the final statement (FS) by the...
BACOLOD CITY – The Energy Regulatory Commission (ERC) has approved the power supply agreement (PSA) between the Central Negros Electric Cooperative (Ceneco) and the Energy Development Corp. (EDC) in a bid to stop increasing electricity rates affecting the province of Negros Occidental. In a...
BACOLOD CITY – Mayor Albee Benitez has urged the Energy Regulatory Commission (ERC) to act on the power supply agreement between the Central Negros Electric Cooperative (Ceneco) and the Energy Development Corp. (EDC) to address the strong clamor of consumers in this city regarding the high power...
The Energy Regulatory Commission (ERC) has directed the suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon Region effective Monday afternoon, May 27, due to insufficient generation capacity in the grid. In a statement, ERC said the decision to suspend WESM operations followed...
It was another round of ‘madness’ for millions of Filipino consumers before the strike of midnight on Thursday (May 23), as most parts of Luzon grid had been tormented with one to 1.5-hour rotational brownouts. In the franchise area of Manila Electric Company (Meralco) alone, more than 487,000...
Senator Sherwin Gatchalian on Friday, May 24 took the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) to task in penalizing power-generating plants that may have breached their reliability index. Gatchalian’s call came in the face of looming rotating power outages,...
While the Energy Regulatory Commission (ERC) is partly blamed for the power supply mess in the country due to its slow action on issuance of warranted rules and approvals of power supply agreements (PSAs), it has opted to sign a memorandum of agreement (MOA) with the Board of Investments (BOI) for...
The Energy Regulatory Commission (ERC) has primarily issued warning on system operator National Grid Corporation of the Philippines (NGCP) and market operator Independent Electricity Market Operator of the Philippines (IEMOP) that they could be meted with penalties if they will not strictly comply...
Senator Risa Hontiveros on Wednesday, May 15 called on the Department of Energy (DOE), the Energy Regulatory Commission, and the National Grid Corporation of the Philippines (NGCP) to demonstrate the foresight and competence needed to address the power supply shortage being felt around the country....
The Energy Regulatory Commission has partially lifted the enforced suspension on cost settlements at the reserve market, hence, allowing the generation companies (GenCos) to recoup P1.723 billion worth of deferred cost recoveries which accrued when they supplied the ancillary services requirements...
As supply in the Luzon grid remains wobbly, the Energy Regulatory Commission (ERC) indicated that it will finally act on the deferred pass-on of cost recoveries for the new gas sale and purchase agreement (GSPA) on fuel for power generation lifted from the Malampaya gas field. “On the GSPA,...
