The Department of Energy (DOE) will be issuing guidelines for the "opt-in mechanism" of industry participants on procuring percentage of their required renewable energy-generated supply from a pool of government-awarded RE capacity under the green energy auction program (GEAP). In a draft Circular...
Lopez-led First Gen Corporation will be joining the fresh round of bidding that power utility giant Manila Electric Company (Meralco) will be undertake to fill the capacity void on its additional 2024 supply following the retreat of its targeted supplier. First Gen President and COO Francis Giles B....
The Department of Energy (DOE) is undertaking a series of public consultation to solicit stakeholder-inputs and comments on the proposed revision of the competitive selection process (CSP) or the bidding system for power supply agreements (PSAs) of distribution utilities. The energy department...
The Department of Energy (DOE) is laying down the conditions on when competitive selection process (CSP) or bidding will no longer be required in the procurement of capacities by private distribution utilities (DUs) and electric cooperatives (ECs). In a draft Circular presented to industry...
Two subsidiary firms of diversifying conglomerate San Miguel Corporation (SMC) tendered the lowest bid for the competitive selection process (CSP) for the supply of 1,800 MW power capacity to Manila Electric Company (Meralco) over a 20-year year period. The winning SMC companies are...