After more than two decades of deregulation in the power sector and countless collusion allegations at the spot market, it is finally coming to the senses of industry regulators to step up ‘police powers’ against anti-competitive behavior that could distort market dynamics in the private...
Power utility giant Manila Electric Company (Meralco) will refund P0.05 per kilowatt hour (kWh) in March billing to customers, which accounts for the charges it passed on from the new gas sale and purchase agreement (GSPA) that its power supplier First Gen Corporation had sealed with the Malampaya...
The interest of foreign investors in the country’s renewable energy (RE) sector is still at its wobbly pace, hence, the Department of Energy (DOE) is sorting out strategies to whet their appetite for fresh wave of capital infusion – and one game plan it is pursuing will be business-to-business...
The Energy Regulatory Commission (ERC) is requiring power utility giant Manila Electric Company (Meralco) to file a formal application for the pass-on of fuel charges that shall be reckoned from the new gas sale and purchase agreement (GSPA) that First Gen Corporation had signed with the Malampaya...
Power utility giant Manila Electric Company (Meralco) will refund the ‘generation charge overbilling’ that it has passed on in the February electric bills that had been invoiced by its power suppliers feeding on liquefied natural gas (LNG) as well as components of capacity generated from the...
The Energy Regulatory Commission (ERC) has clearly stipulated that clearance shall be secured first before Manila Electric Company (Meralco) can pass on costs relating to procured supply from plants running on liquefied natural gas (LNG) – and that is primarily applied to its contracted...
The Energy Regulatory Commission (ERC) will issue ‘green energy tariff” that shall serve as the basis for the acceptable price tender for the 4,199 megawatts of non-feed in tariff (non-FIT) renewable energy (RE) capacities that shall be offered this year by the Department of Energy (DOE) under...
Sen. Grace Poe reiterated the Senate's call for the National Grid Corporation of the Philippines to expedite the completion of the Cebu-Panay-Negros project and all other power transmission projects. "Delay is a denial of public service," she said in a statement on Thursday, Feb. 8. This was...
(MANILA BULLETIN) The Land Transportation Franchising and Regulatory Board (LTFRB) clarified on Thursday, Feb. 8, that traditional jeepneys can still ply their routes after the April 30 deadline of the franchise consolidation, as long as the drivers...
Senator Risa Hontiveros on Monday, February 5, said she doubts that introducing a third party supposedly to help accelerate the completion of delayed transmission projects of the National Grid Corporation of the Philippines (NGCP) would be effective in addressing the country’s concerns in the...
There had been downtrend in overall electricity tariffs for traded capacities in the Wholesale Electricity Spot Market (WESM), and that had been attributed partly by the Energy Regulatory Commission (ERC) to the entry of new capacities from the renewable energy (RE) sector. “It appears that the...
1-Rider Party-list Rep. Bonifacio Bosita (Facebook) Land Transportation Franchising and Regulatory Board (LTFRB) Board Member lawyer Mercy Leynes admitted to feeling “scared” after 1-Rider Party-list Rep. Bonifacio Bosita threatened to place her...
