Philreca Party-list Rep. Presley de Jesus (left), Santa Rosa City lone district Rep. Dan Fernandez (PPAB) The Energy Regulatory Commission's (ERC) past "failure" to carry out a timely rate reset--which had been detrimental to...
A fresh wave of blame game is electrifying the discourse surrounding the National Grid Corporation of the Philippines (NGCP), the country’s grid operator—but while digging up past regulatory missteps might make for catchy headlines, the real power play lies in tackling the tough questions: who...
The Energy Regulatory Commission (ERC) said it will coordinate with the Philippine Competition Commission (PCC) and three energy giants to address Power Supply Agreements (PSAs) following the approval of their integrated liquefied natural gas (LNG) project. ERC Chairperson Monalisa Dimalanta stated...
The Energy Regulatory Commission (ERC) has adopted key amendments to its resolution governing the rate-setting process for privately-owned electricity distributors to ensure the timely reset of rates, beginning with Manila Electric Company (Meralco). In a statement, the ERC Chairperson and...
The Energy Regulatory Commission (ERC) has firmed up the intricate ‘tariff-setting parameters’ or price determination methodology that will anchor the 20-year power supply agreements (PSAs) in the third Green Energy Auction (GEA-3) to be administered by the Department of Energy (DOE) -...
Senator Francis Tolentino criticized the Energy Regulatory Commission (ERC) for its apparent inefficiency in managing power rate resets. Tolentino has expressed serious concerns over the agency, noting how it handled the rate reset process for Manila Electric Co. (Meralco), zeroing in on its lack...
The Energy Regulatory Commission (ERC) has approved the 15-year Power Supply Agreement (PSA) between Manuel V. Pangilinan-led Manila Electric Company (Meralco) and Excellent Energy Resources, Inc. (EERI), a subsidiary of SMC Global Power. In a statement on Friday, Dec. 13, ERC Chairman and Chief...
The Energy Regulatory Commission (ERC) has approved the Capas substation proposed by the National Grid Corporation of the Philippines (NGCP) to manage the connection of New Clark City (NCC) to the grid. In a statement, the ERC said this approval will help address load growth in Capas, which is...
The Energy Regulatory Commission (ERC) has granted provisional approval to two Power Supply Agreements (PSAs) between Manila Electric Company (Meralco) and the renewable energy units of ACEN and San Miguel Corporation. Meralco and ACEN-led Gigasol 3, Inc. will soon implement their PSA following the...
To enhance grid security and affordability of electricity in the Philippines, the Energy Regulatory Commission (ERC) has issued nearly 4,000 Certificates of Compliance (COCs) this year. In a statement, the ERC announced it awarded approximately 3,959 COCs and 334 Provisional Authorities to Operate...
National Grid Corporation of the Philippines (NGCP) has energized the Cebu-Bohol Interconnection Project (CBIP), a new transmission facility that will address the growing power demand in the region. In a statement on Tuesday, Nov. 26, NGCP said the CBIP "will play a crucial role in improving...
To enhance grid stability in Northern Mindanao, the Energy Regulatory Commission (ERC) has approved a P2.34 billion capital expenditure (CAPEX) project by the National Grid Corporation of the Philippines (NGCP). In a statement, the ERC announced on Thursday, Nov. 21, that it has greenlit NGCP's...
