Malacañang is looking to implement changes in its electrification game plan in a bid to achieve 100 percent electrification of the country by 2022--the last year of the Duterte administration. (Kai Gradert/ Unsplash) President Duterte signed Executive Order (EO) No.156 on Friday, Dec. 10 in order...
The financial affliction of the coronavirus pandemic, which triggered backlog in feed-in-tariff (FIT) payments to qualified renewable energy (RE) developers, is also seen to delay the reduction in subsidy costs for these clean energy technologies. According to Atty. Melvin Matibag, president of the...
The Philippine Electricity Market Corporation (PEMC), which is the governing entity of the Wholesale Electricity Spot Market (WESM), has inked a deal with the United Nations Office for Project Services (UNOPS), for the relevant parties to concretize energy transition roadmap that will primarily be...
Panay Energy Development Corporation (PEDC) submitted the ‘lowest bid’ in a competitive selection process (CSP) carried out by power utility giant Manila Electric Company on Friday, Nov. 19, for its procurement of additional 70-megawatt supply. According to the third party bids and awards...
The Energy Regulatory Commission (ERC) will be lifting the moratorium on the licensing of retail electricity suppliers (RES), or those that have been selling electricity to qualified contestable end-users under the Retail Competition and Open Access (RCOA) policy regime of the restructured power...
The Energy Regulatory Commission (ERC) has extended for another six months its mandate on the suspension of "interest payments" for feed-in-tariff allowance (FIT-All), a rate component in the electric bills being dispatched to consumers. The regulatory body said the non-payment of interest or...
A subsidiary-company of SN Aboitiz Power Inc. (SNAP) has filed a motion for reconsideration on the fines imposed by the Energy Regulatory Commission (ERC) on alleged ‘forced outage breach’ of its Ambuklao-Binga hydro power plant in Benguet. SNAP- Benguet said the regulator-enforced...
The newly commissioned 23.3-megawatt diesel-fed power plant of Isla Norte Energy Corporation (INEC) of the Vivant group will finally end the electricity supply disruptions tormenting residents and businesses in Bantayan island, one of the known tourism pivots of the country. According to INEC, the...
The Energy Regulatory Commission (ERC) reported that it already resolved more than 71,900 "bill shock" complaints that electricity end-users experienced at the height of the Covid-19 pandemic or around summertime last year. The ‘bill shock’ stemmed from relatively ‘high electric bills’...
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...
The Energy Regulatory Commission (ERC) has flagged Central Negros Electric Cooperative Inc. (CENECO) on pass-on of charges to its customers even if these were anchored on contracts or power supply agreements (PSAs) that already lapsed. In particular, the ERC has condemned the act of CENECO for...
The Energy Regulatory Commission (ERC) is seeking guidance from the Securities and Exchange Commission (SEC) on the appropriate modality in the mandated initial public offering (IPO) of power generation companies (GenCos). “We are in consultation with SEC for us to be able to come up with a more...
