The Energy Regulatory Commission (ERC) is rigidly scrutinizing the power supply agreements (PSAs) entered into by distribution utilities (DUs) in its bid to strictly disallow ‘overcontracting’ in the electricity supply procurements of regulated power utilities. “Our priorities now, we are...
Energy utility giant Manila Electric Company (Meralco) will carry out ‘emergency procurement’ of power capacity to ensure uninterrupted electricity service in next year’s election period. In a briefing with reporters, Atty Jose Ronald V. Valles, first vice president and regulatory head of...
Power utility giant Manila Electric Company (Meralco) is planning to undertake competitive selection process (CSP) for a power supply agreement (PSA) that will replace the capacity of First Gen Corporation if its electricity generation will be continuously crippled by Malampaya gas field’s output...
Energy sales of Aboitiz Power Corporation got a boost of 40 megawatts (MW) following the signing of a new power supply agreement (PSA) with Pampanga Electric Cooperative II (PELCO II), the latest customer it cornered for its ‘Cleanergy’ brand. Aboitiz Power Logo In a statement to the media,...
Energy Secretary Alfonso G. Cusi has been sorting out solutions to improve power supply situation in off-grid areas, or those islands that are not physically connected to the main grid. The energy chief said the template solution that the Department of Energy (DOE) has been working on is that on...
The boom-and-bust cycle in the electric power industry will not likely spare the country’s May 9, 2022 elections from rotational blackouts following the Department of Energy's (DOE) pronouncement that power supply within the polling period will be thin. 25581 “For 2022, we see the thinning of...
The Department of Energy (DOE) is inclined to disapprove the plea of power utility giant Manila Electric Company (Meralco) for emergency supply procurement despite highly probable supply shortages that could descend into rotational blackouts during the 20-day Malampaya shutdown this October and in...
The Department of Energy (DOE) has notified Manila Electric Company (Meralco) for the utility firm to explain the ‘pricing justification’ of its interim power supply agreement (IPSA) for up to 260-megawatt emergency procurement of power capacity from the Masinloc coal-fired plant. According to...
Power utility giant Manila Electric Company (Meralco) is seeking the approval of the Department of Energy (DOE) for its “emergency procurement” of 220 to 260 megawatts of power capacity to augment electricity supply during the summer months. The company said for its proposed interim power...
The country’s electric cooperatives (ECs) are prodded to undertake their competitive selection process (CSP) on power supply agreements (PSAs) to guarantee that they will not suffer supply shortages in the immediate term, especially with the portended economic recovery post-pandemic. To ensure...
The lower-than-reserve price offers in the competitive selection process (CSP) of the 1,800 megawatts power supply agreements (PSAs) for power utility giant Manila Electric Company (Meralco) will result in cheaper electricity rates for consumers, according to the Department of Energy. Energy...
The Department of Energy (DOE) is being urged to enforce stricter rules in the competitive selection process (CSP) for power supply agreements (PSAs) that are being auctioned by distribution utilities. The Department of Energy (DOE) is being urged to enforce stricter rules in the competitive...
