At least eight power generation companies (GenCos) have been formally tagged by the Energy Regulatory Commission (ERC) for penalties for breaching allowable forced outages in their electric generating facilities, that in turn triggered rotational blackouts and rate spikes last summer. ERC Logo In...
At least eight (8) delinquent power generation companies (GenCos) will be meted with penalties in decisions targeted to be issued by the Energy Regulatory Commission (ERC) in the next two weeks – and that is on account of the power facilities’ violations on their allowable forced outages. ERC...
As the month of August is now more than halfway, the Energy Regulatory Commission (ERC) is now being prodded to make public the outcome of its investigations on the ‘forced outages’ violations of the generation companies that triggered the double whammy of rotational blackouts and rate spikes...
The Department of Energy (DOE) is painting a scenario that electricity supply will be enough during the election period next year, but the supply-demand outlook it presented to media has not taken into account critical factors yet – including the recurring forced outages of power plants, the gas...
In this year’s “ghost month”, the erring power generation companies (GenCos) that caused the May 31-June 1 rotational blackouts will be fervidly haunted as steep penalties on their violations of ‘forced outages that had gone beyond the allowable indices’ will finally be meted. In a...
The Energy Regulatory Commission (ERC) is prodded to impose penalties against the generation companies (GenCos) that have caused unwarranted rate hikes during the power supply-strained summer months. That has been the demand of several consumer groups, led by the Power for People Coalition (P4P),...
The Department of Energy (DOE) finally admitted that Luzon grid already lacks capacity to meet peak electricity demand, especially with the recurring dilemma of forced outages of power plants. In a Senate hearing, DOE Director Mario C. Marasigan stated that given the combined loss of capacity in...
The generation companies (GenCos) which primarily caused the brownout-incidents in Luzon grid this year will face another round of investigation at the Senate this week. According to Senate Committee on Energy Chairman Sherwin T. Gatchalian, the focus of investigation on Thursday (June 17) will be...
The Department of Energy (DOE) on Thursday assured it is investigating if there is indeed possible collusion among power distribution firms to ascertain if this is the cause of the recent rotational brownouts that occurred in Luzon. DOE chief Alfonso Cusi told the Senate Energy Committee the agency...
The required initial public offering (IPO) for power generation companies (GenCos) at the Philippine Stock Exchange (PSE) has been proposed for scrapping, so the restructured electricity sector can attract more investments. To lift that mandate of the Electric Power Industry Reform Act (EPIRA),...
Breach of ‘outage allowance’ The Energy Regulatory Commission (ERC) had served summons to at least 17 power generation companies (GenCos) “to explain the unplanned outages that breached the maximum allowable unplanned outage days per year.” In a statement to the media, the ERC emphasized...
The power generation companies (GenCos) that are experiencing prolonged outages on their generation facilities could face anti-competitive behavior and economic sabotage raps because they have been violating government-enforced laws and policies, according to the Department of Energy. According to...
