The Energy Regulatory Commission (ERC) has instituted new market share limits (MSLs), in terms of capacity installations, that the country’s power generation companies (GenCos) must comply with this year in accordance with the prescriptions of the Electric Power Industry Reform Act. On a...
The Energy Regulatory Commission (ERC) has instituted revisions in the ‘financial capability standards’ that generation companies (GenCos) must comply with, primarily in ensuring their operational viability. The regulatory body stated it comprehended the need to amend and update the...
The Department of Energy (DOE) has directed power firms to prepare ‘contingency measures’ to guarantee uninterrupted power supply in Visayas and Mindanao, especially during the summer months and on the anticipated rollout of the Covid-19 vaccines. The energy department has already convened key...
With plant shutdowns bringing power grids to breaking points again, the Department of Energy (DOE) nudged power plant owners to re-align their maintenance activities to avoid brownouts during the summer months. Energy Assistant Secretary...
The Energy Regulatory Commission (ERC) has approved and issued 37,817 certificates of compliance (COCs), or the licenses that the qualified industry players would need so they can continually operate their facilities. The issued COCs, according to the industry regulator, were as of September 30...