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...
Senator Sherwin Gatchalian urged the Energy Regulatory Commission (ERC) on Saturday, Oct. 14 to swiftly approve on time the power supply agreements (PSAs) between distribution utilities (DUs) and generation companies to ensure an uninterrupted supply of electricity at affordable rates for the...
Senator Risa Hontiveros on Tuesday, October 3 urged energy officials to implement game-changing reforms to reduce energy costs and alleviate the burden of electricity consumers. For one, Hontiveros said the National Grid Corporation of the Philippines (NGCP) and other private distribution...
Senator Sherwin Gatchalian on Friday, August 11, commended the Energy Regulatory Commission’s (ERC) decision to suspend the National Grid Corporation of the Philippines (NGCP) inclusion of a three percent (3%) franchise tax in its transmission costs billed to distribution utilities. Sen....
Senator Risa Hontiveros on Tuesday, July 11 said the power rate reduction that the Manila Electric Co. (Meralco) announced for the month of July is only minimal and temporary. The senator pointed out the decrease in electricity charges is bound to happen considering that the price of imported coal...
