The National Grid Corporation (NGCP) maintained on Wednesday, Jan. 10 that after the unplanned outage of Panay Energy Development Corp. (PEDC) Unit 1, the system remained normal and stable before the multiple plant shutdowns that led to the blackout. National Grid Corporation of the Philippines...
President Marcos has ordered the Energy Regulatory Commission (ERC) to promptly complete the reset of the National Grid Corporation of the Philippines (NGCP) rates, following the island-wide blackout in Western Visayas since January 2. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) Marcos...
The Energy Regulatory Commission (ERC) met with representatives from different power generation companies in Mindanao to apprise them of the revised requirements for obtaining certificates of compliance (COCs). In a statement, Sharon Montañer, ERC market operations service (MOS) director,...
The Manila Electric Co. (Meralco) said it will hold a competitive bidding for 1,800 megawatts of power supply next year after the Energy Regulatory Commission (ERC) approved the termination of its power supply deal with San Miguel's power generation unit. In a statement on Thursday, Nov. 2, Meralco...
Senator Sherwin Gatchalian urged the Energy Regulatory Commission (ERC) on Saturday, Oct. 14 to swiftly approve on time the power supply agreements (PSAs) between distribution utilities (DUs) and generation companies to ensure an uninterrupted supply of electricity at affordable rates for the...
Senator Risa Hontiveros on Tuesday, October 3 urged energy officials to implement game-changing reforms to reduce energy costs and alleviate the burden of electricity consumers. For one, Hontiveros said the National Grid Corporation of the Philippines (NGCP) and other private distribution...
Senator Sherwin Gatchalian on Friday, August 11, commended the Energy Regulatory Commission’s (ERC) decision to suspend the National Grid Corporation of the Philippines (NGCP) inclusion of a three percent (3%) franchise tax in its transmission costs billed to distribution utilities. Sen....
Senator Risa Hontiveros on Tuesday, July 11 said the power rate reduction that the Manila Electric Co. (Meralco) announced for the month of July is only minimal and temporary. The senator pointed out the decrease in electricity charges is bound to happen considering that the price of imported coal...
The Energy Regulatory Commission (ERC) will mete out "the full force of the law" against transmission firm National Grid Corporation of the Philippines (NGCP) for the more than 70 delayed projects that caused deterioration in the delivery of services and inflating bills of ratepayers. The delay in...
Senator Sherwin Gatchalian said the Energy Regulatory Commission (ERC) should penalize the National Grid Corporation of the Philippines (NGCP) appropriately for delayed transmission projects that adversely impact the country’s electricity supply. Sen. Sherwin...
Factoring in macroeconomic fundamentals that affected technology prices and project financing, the Energy Regulatory Commission (ERC) has issued preliminary green energy auction reserve (GEAR) prices for the second round of tendering for renewable energy (RE) capacities to be administered by the...
Transmission firm National Grid Corporation of the Philippines (NGCP) is seeking approval from the Energy Regulatory Commission for its P9.93 billion capital expenditures (capex) for the upgrading and expansion of facilities in North Luzon. The company said that the facility reinforcements covers...
