The Energy Regulatory Commission (ERC) has authorized five power developers to build, own, and operate their own point-to-point (P2P) limited transmission facilities. In a notice, ERC said these facilities will enable five power firms’ renewable energy (RE) projects to connect to the grid via the...
State-backed Maharlika Investment Corporation (MIC) will provide strong support, including a prospective recommendation to President Marcos, for a 25-year extension of the concession agreement for system operator National Grid Corporation of the Philippines (NGCP), allowing it to continue managing...
The Energy Regulatory Commission (ERC) said that it has yet to finalize its review of projects by the National Grid Corporation of the Philippines (NGCP). In a statement on Friday, May 23, ERC Chairperson Monalisa Dimalanta clarified that the project costs will need evaluation and approval during...
The race to renewable energy (RE) integration continues, as the Department of Energy (DOE) has approved five clean energy projects for system impact studies (SIS). These endorsements to the National Grid Corporation of the Philippines (NGCP) will help assess the viability of the power grid to...
The Department of Energy (DOE) will be locking horns with system operator National Grid Corporation of the Philippines (NGCP) to resolve the “ mismatch ” in the country’s transmission development game plan, to ensure that the grid actually delivers where the capacities are needed....
Consumers will experience lower electricity bills in May, brought by lower transmission and ancillary service (AS) rates, according to National Grid Corporation of the Philippines (NGCP). In a briefing on Wednesday, May 14, NGCP’s business and regulatory development head Julius Ryan Datingaling...
During the first half of the midterm Election Day, National Grid Corporation of the Philippines (NGCP) reported that its facilities and transmission lines remained stable—crucial for ensuring ballot machines operate smoothly throughout the day. In data revealed by the NGCP as of 11 a.m.,...
The National Grid Corporation of the Philippines (NGCP) has suspended all maintenance activities for substations and conducted obstruction clearing in areas near power and transmission lines in preparation for the 2025 midterm elections. According to the NGCP, this temporary halt on maintenance...
State-backed Maharlika Investment Corporation (MIC) is muscling up its energy game, as it just recently brought in former National Power Corporation (NPC) President Ma. Gladys Cruz-Sta Rita in its executive team as Vice President of Investment Management Group, a strategic hire that could help beef...
Maharlika Investment Corp. (MIC), which manages the Philippines ' first sovereign wealth fund, is eyeing at least three new investments before the year ends, aiming to bring total capital commitments to as much as ₱37 billion just two years into its establishment. In a telephone interview on...
Looking ahead to this year’s goal of boosting its performance in the energy sector, Consunji-led Semirara Mining and Power Corp. (SMPC) plans to continue its exploration of the 700-megawatt (MW) Saint Raphael Generation Corp. (SRGC) project. During the company’s annual stockholders’ meeting...
The Energy Regulatory Commission (ERC) has approved nine ancillary services procurement agreements (ASPA) between the National Grid Corporation of the Philippines (NGCP) and various power suppliers. These agreements will enable NGCP to procure ancillary services essential for ensuring the reliable...
