Senator Francis Tolentino criticized the Energy Regulatory Commission (ERC) for its apparent inefficiency in managing power rate resets. Tolentino has expressed serious concerns over the agency, noting how it handled the rate reset process for Manila Electric Co. (Meralco), zeroing in on its lack...
The Energy Regulatory Commission (ERC) has approved the 15-year Power Supply Agreement (PSA) between Manuel V. Pangilinan-led Manila Electric Company (Meralco) and Excellent Energy Resources, Inc. (EERI), a subsidiary of SMC Global Power. In a statement on Friday, Dec. 13, ERC Chairman and Chief...
The Energy Regulatory Commission (ERC) has approved the Capas substation proposed by the National Grid Corporation of the Philippines (NGCP) to manage the connection of New Clark City (NCC) to the grid. In a statement, the ERC said this approval will help address load growth in Capas, which is...
The Energy Regulatory Commission (ERC) has granted provisional approval to two Power Supply Agreements (PSAs) between Manila Electric Company (Meralco) and the renewable energy units of ACEN and San Miguel Corporation. Meralco and ACEN-led Gigasol 3, Inc. will soon implement their PSA following the...
To enhance grid security and affordability of electricity in the Philippines, the Energy Regulatory Commission (ERC) has issued nearly 4,000 Certificates of Compliance (COCs) this year. In a statement, the ERC announced it awarded approximately 3,959 COCs and 334 Provisional Authorities to Operate...
National Grid Corporation of the Philippines (NGCP) has energized the Cebu-Bohol Interconnection Project (CBIP), a new transmission facility that will address the growing power demand in the region. In a statement on Tuesday, Nov. 26, NGCP said the CBIP "will play a crucial role in improving...
To enhance grid stability in Northern Mindanao, the Energy Regulatory Commission (ERC) has approved a P2.34 billion capital expenditure (CAPEX) project by the National Grid Corporation of the Philippines (NGCP). In a statement, the ERC announced on Thursday, Nov. 21, that it has greenlit NGCP's...
The Energy Regulatory Commission (ERC) has approved three projects by the National Grid Corporation of the Philippines (NGCP) aimed at enhancing the reliability and stability of the transmission grid in Luzon and Visayas. In a statement, NGCP said the approved projects include the Northern Luzon...
Senator Sherwin Gatchalian on Friday, November 1, welcomed the reinstatement of Monalisa Dimalanta as chairperson of the Energy Regulatory Commission (ERC) saying the move bodes well for the energy sector. Malacañang has reinstated Dimalanta to her post since the Ombudsman has already...
The six-month suspension of Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta had been cut short, and she is now poised to be back at the helm of the power industry’s regulatory body. A memorandum order from the Office of the Ombudsman dated October 22, 2024 stipulated that the...
(Unsplash) Senator Sherwin Gatchalian assailed the Energy Regulatory Commission's (ERC) decision to forgo the fifth regulatory reset of the Manila Electric Company's (Meralco) distribution rate, which covered the period of 2022 to 2026. In a...
Senator Pia Cayetano led a review of the decades-old Electric Power Industry Reform Act (EPIRA) of 2001 on Thursday, Oct. 17 I a bid to strengthen the Energy Regulatory Commission (ERC). Senator Pia Cayetano (Senate PRIB) She says this is in response to the pressing need to review and update...
