Power utility giant Manila Electric Company (Meralco) is seeking regulatory approval on capital spending for the "emergency replacement" of a defective transformer at its Urdaneta substation to prevent blackouts at the commercial business districts (CBDs) of Makati and Taguig. In its regulatory...
WESM system enhancements eyed By MYRNA M. VELASCO The country’s Wholesale Electricity Spot Market (WESM) will be undertaking enhancements on its new market management system (NMMS) so it can accommodate the registration of more participants that will be joining the lowering of threshold of the...
Filipino consumers may be greeted with bad news in the New Year as spot prices of electricity have been inching higher this month, December, due to continued forced outages of power plants. As of December 21, the operator of the Wholesale Electricity Spot Market (WESM) has apprised media that...
The Energy Regulatory Commission (ERC) has ordered at least two-month leeway on the electric bill payments of consumers in the typhoon-affected areas in Visayas and Mindanao. This order came alongside its call for speedy restoration of electricity services in the affected areas. The power industry...
The Department of Energy (DOE) will craft separate “remuneration packages” on hydropower and geothermal technologies in the targeted auction of renewable energy (RE) capacities for compliance of mandated participants to the Renewable Portfolio Standards (RPS) policy. A revised DOE circular said...
Malacañang is looking to implement changes in its electrification game plan in a bid to achieve 100 percent electrification of the country by 2022--the last year of the Duterte administration. (Kai Gradert/ Unsplash) President Duterte signed Executive Order (EO) No.156 on Friday, Dec. 10 in order...
The financial affliction of the coronavirus pandemic, which triggered backlog in feed-in-tariff (FIT) payments to qualified renewable energy (RE) developers, is also seen to delay the reduction in subsidy costs for these clean energy technologies. According to Atty. Melvin Matibag, president of the...
The Philippine Electricity Market Corporation (PEMC), which is the governing entity of the Wholesale Electricity Spot Market (WESM), has inked a deal with the United Nations Office for Project Services (UNOPS), for the relevant parties to concretize energy transition roadmap that will primarily be...
Panay Energy Development Corporation (PEDC) submitted the ‘lowest bid’ in a competitive selection process (CSP) carried out by power utility giant Manila Electric Company on Friday, Nov. 19, for its procurement of additional 70-megawatt supply. According to the third party bids and awards...
The Energy Regulatory Commission (ERC) will be lifting the moratorium on the licensing of retail electricity suppliers (RES), or those that have been selling electricity to qualified contestable end-users under the Retail Competition and Open Access (RCOA) policy regime of the restructured power...
The Energy Regulatory Commission (ERC) has extended for another six months its mandate on the suspension of "interest payments" for feed-in-tariff allowance (FIT-All), a rate component in the electric bills being dispatched to consumers. The regulatory body said the non-payment of interest or...
A subsidiary-company of SN Aboitiz Power Inc. (SNAP) has filed a motion for reconsideration on the fines imposed by the Energy Regulatory Commission (ERC) on alleged ‘forced outage breach’ of its Ambuklao-Binga hydro power plant in Benguet. SNAP- Benguet said the regulator-enforced...
