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...
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...
The National Grid Corporation (NGCP) maintained on Wednesday, Jan. 10 that after the unplanned outage of Panay Energy Development Corp. (PEDC) Unit 1, the system remained normal and stable before the multiple plant shutdowns that led to the blackout. National Grid Corporation of the Philippines...
President Marcos has ordered the Energy Regulatory Commission (ERC) to promptly complete the reset of the National Grid Corporation of the Philippines (NGCP) rates, following the island-wide blackout in Western Visayas since January 2. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) Marcos...
The Energy Regulatory Commission (ERC) met with representatives from different power generation companies in Mindanao to apprise them of the revised requirements for obtaining certificates of compliance (COCs). In a statement, Sharon Montañer, ERC market operations service (MOS) director,...
The Manila Electric Co. (Meralco) said it will hold a competitive bidding for 1,800 megawatts of power supply next year after the Energy Regulatory Commission (ERC) approved the termination of its power supply deal with San Miguel's power generation unit. In a statement on Thursday, Nov. 2, Meralco...
