The Energy Regulatory Commission (ERC) will mete out "the full force of the law" against transmission firm National Grid Corporation of the Philippines (NGCP) for the more than 70 delayed projects that caused deterioration in the delivery of services and inflating bills of ratepayers. The delay in...
Senator Sherwin Gatchalian said the Energy Regulatory Commission (ERC) should penalize the National Grid Corporation of the Philippines (NGCP) appropriately for delayed transmission projects that adversely impact the country’s electricity supply. Sen. Sherwin...
Factoring in macroeconomic fundamentals that affected technology prices and project financing, the Energy Regulatory Commission (ERC) has issued preliminary green energy auction reserve (GEAR) prices for the second round of tendering for renewable energy (RE) capacities to be administered by the...
Transmission firm National Grid Corporation of the Philippines (NGCP) is seeking approval from the Energy Regulatory Commission for its P9.93 billion capital expenditures (capex) for the upgrading and expansion of facilities in North Luzon. The company said that the facility reinforcements covers...
The Department of Energy (DOE) is undertaking a series of public consultation to solicit stakeholder-inputs and comments on the proposed revision of the competitive selection process (CSP) or the bidding system for power supply agreements (PSAs) of distribution utilities. The energy department...
At least 2.6 million customers of Manila Electric Company (Meralco) will continue to receive discounts in their electric bills as mandated under Republic Act 11552 or the Extended Lifeline Rate Act. According to Meralco Vice President Lawrence S. Fernandez, the total amount of rate discounts to...
The Energy Regulatory Commission (ERC) will be revising the rules that will set reliability indices for power plant operations, primarily their permissible allowance on planned and forced outages. According to ERC Chairperson Monalisa C. Dimalanta, the existing reliability index is “very...
The Department of Energy (DOE) will no longer issue “certificates of exemption” (COEs) on the competitive selection process (CSP) requirement for distribution utilities' (DUs) supply procurement underpinned by their power supply agreements. In an advisory issued on April 3 this year, Energy...
The Energy Regulatory Commission (ERC) has kicked off its collaboration with the National Economic and Development Authority (NEDA) for the establishment of an electricity affordability index so Filipino consumers can fully track and be guided on the variation of the tariffs they have been paying...
The Energy Regulatory Commission (ERC) has set at 6,367,759 megawatts the maximum installed capacity a generation company (GenCo) can own and could dispatch nationwide to ensure market competition. The limit is based on the Electric Power Industry Reform Act (EPIRA), which provides the market share...
System operator National Grid Corporation of the Philippines (NGCP) has filed its motion for reconsideration (MR) with the Energy Regulatory Commission (ERC) for its request to be allowed monthly renewal of its ancillary services (AS) contracts while its procurement processes for power reserves are...
President Ferdinand "Bongbong" Marcos Jr. is confident that the launching of the Wholesale Electricity Spot Market (WESM) in Mindanao will prop up investments and economic activity in the region that would eventually translate to more jobs. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy...
