Renewable energy (RE) companies had been enforced with a moratorium, so they will not demand for penalty or interest payments on any delayed settlements of the feed-in-tariff (FIT) incentives that fund administrator National Transmission Corporation (TransCo) will be paying them. In an advisory,...
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 Philippine Electricity Market Corporation (PEMC), which regulates the Wholesale Electricity Spot Market (WESM), is seeking approval for an additional spot market transaction fees to be slapped to participants of the Renewable Energy Market (REM) to support operational expenses. In its filing...
The power generation companies (GenCos) that are experiencing prolonged outages on their generation facilities could face anti-competitive behavior and economic sabotage raps because they have been violating government-enforced laws and policies, according to the Department of Energy. According to...
State-run National Power Corporation (NPC) is seeking regulatory approval on the pass-on of P7.562 billion worth of under-recoveries on universal charge for missionary electrification (UCME), or that subsidy component being passed on to all ratepayers to fund energization of off-grid and far flung...
The Energy Regulatory Commission (ERC) has instituted new market share limits (MSLs), in terms of capacity installations, that the country’s power generation companies (GenCos) must comply with this year in accordance with the prescriptions of the Electric Power Industry Reform Act. On a...
Seeks gov’t intervention System operator National Grid Corporation of the Philippines (NGCP) is seeking intervention -- primarily from the government as well as relevant stakeholders -- so the worrying thinning supply in this year’s summer months until August will not result in distressing...
The ‘bad summer habits’ of power plants are back again, hence, the Department of Energy (DOE) and Energy Regulatory Commission (ERC) are being urged to investigate the causes of the simultaneous forced outages of the generating facilities as these have been triggering spikes in electricity...
In a move that deserves public commendation, the Energy Regulatory Commission (ERC) barred the state-run Power Sector Assets and Liabilities Management Corporation (PSALM) from passing on to consumers new universal charges (UC) for stranded debts (SD) and stranded contract costs (SCC). The focal...
The Energy Regulatory Commission (ERC) has barred state-run Power Sector Assets and Liabilities Management Corporation (PSALM) from passing on new universal charges (UC) for stranded debts (SD) and stranded contract costs (SCC) even with the latter’s contention that the Malampaya fund or...
The Energy Regulatory Commission (ERC) is appealing to the local government units (LGUs) within the so-called ‘NCR plus bubble’ to allow ‘onsite meter reading’ on consumers’ actual power consumption so another episode of confusing electric billing reminiscent of last year’s chaos could...
Following Presidential mandate on reinforced ‘digital readiness’ among government agencies, the Energy Regulatory Commission (ERC) stated it is now at the process of doing all the spadework on it switch to online platforms for key facets of its systems and operations. The power industry...
