President Marcos said that the Energy Regulatory Commission (ERC) has temporarily suspended the operation of the Wholesale Electricity Spot Market (WESM) under the declaration of red alert of the systems operator National Grid Corporation of the Philippines (NGCP) to tame the increase of...
The Energy Regulatory Commission (ERC) has ordered suspension of the Wholesale Electricity Spot Market (WESM) - but only after two weeks from the incursion of yellow and red alerts in the Luzon and Visayas grids, hence, consumers are being warned of forthcoming bill shocks. Referencing on data...
Amid soar in weather temperatures, demand for electricity in the country had reached its boiling point this week, as the highest demand of 14,016 megawatts on Wednesday (April 24) breached the peak demand projection of the Department of Energy (DOE) for this year. And while the country’s power...
Senators on Wednesday, April 24 urged the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) to rein in and enforce stricter oversight on power generation companies (gencos) to ensure compliance with their scheduled outages. Sen. Francis “Chiz” Escudero said...
Luzon and Visayas grids are having a race against time when it comes to capacity additions – that is if the country has to seriously avoid the dire consequences of threatening power crisis into these two major power grids. The Philippine Independent Power Producers Association Inc. (PIPPA)...
TGIF is not something that electricity consumers in the Luzon grid can happily look forward to, as they will have to close the week agonizing over new threats of rotational blackouts with Luzon grid being placed on ‘red alert’ for the third time this week. On Friday morning, system operator...
The Department of Energy (DOE) will be studying cost implications as well as supply reinforcement impact of the forthcoming innovations for energy storage systems (ESS) before integrating a pie of ‘renewable energy + ESS’ in the forthcoming green energy auction (GEAs) for RE projects. Energy...
The Energy Regulatory Commission (ERC) is not inclined on removing the caps for the number of days allowed for maintenance shutdowns and even for the ‘forced outages’ of power plants across technologies. As sounded off by ERC Chairperson Monalisa C. Dimalanta, “it’s impossible to remove the...
As surging costs of ancillary services or power reserves had been pointed to as culprit in electricity rate hikes, the Energy Regulatory Commission (ERC) has directed ‘settlement and billing suspension’ for the reserve market for the March billing period. The stoppage of reserve market...
Priority procurement of capacity generated from indigenous Malampaya gas had been directed by the Energy Regulatory Commission (ERC) in the power purchase agreement (PPA) underwritten by Manila Electric Company (Meralco) with First Gen Corporation of the Lopez group. Owing to that ruling, the...
Qualified big-ticket contestable customers in Mindanao can finally exercise ‘power of choice’ on contracting their electricity services as the Energy Regulatory Commission (ERC) has already opened that segment of the industry for retail competition. Similar to the threshold for Luzon and...
The Manila Electric Co. (Meralco) is seeking potential suppliers for 260 megawatts (MW) of power supply to address the growing demand throughout the summer season. In a statement, Meralco assured its customers that it is working with the Department of Energy (DOE) to provide sufficient supply to...
