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 admitted weakness in investigating anti-competitive behavior, especially for company participants that are trading their generated capacities in the Wholesale Electricity Spot Market (WESM). Given this difficulty in its market policing power, ERC...
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...
Local and foreign investors are appealing to the Energy Regulatory Commission (ERC) for higher interest rates that must be factored into the calculation of tariffs on capacities offered by the Department of Energy (DOE) under the Green Energy Auction Program. ERC Chairperson Monalisa C. Dimalanta...
System operator National Grid Corporation of the Philippines (NGCP) has issued straightforward warning to consumers to brace for rotational blackouts after the Energy Regulatory Commission’s (ERC) has thumbed down its bid to extend monthly its existing ancillary services contracts. The ancillary...
The Energy Regulatory Commission (ERC) said it will weigh the rate impact as well as implications on next year’s supply of the terminated power supply agreements (PSAs) between power utility giant Manila Electric Company (Meralco) and the subsidiaries of SMC Global Power Holdings Corporation of...
A spike in the secondary price cap for the Wholesale Electricity Spot Market (WESM) to the tune of P10,000 to P15,000 per megawatt hour (MWh) - or equivalent P10-P15 per kilowatt hour) - has been proposed by the generation companies (GenCos) to the Energy Regulatory Commission (ERC), according to...
