With alarm bells raised on highly probable rotational blackouts during the summer months, the country’s generation companies (GenCos) are being warned that breach of regulatory policy on ‘force outage caps’ will not be tolerated, hence, they shall be ready to be meted anew with penalties....
At least 10 generation companies (GenCos) that were tagged as culprits in last year’s summer brownouts had been penalized by the Energy Regulatory Commission (ERC) for breaching the prescribed limits on "forced outages" of generating facilities. According to the ERC, those that have been meted...
The Department of Energy (DOE) has required the country’s coal-fired power plants to submit full report of their ‘fuel inventories’, including shipment details that they may encounter if the Indonesian coal export ban is lifted. “We required them (power firms) full reports...the...
Philippine banks have categorically stated that they still strictly require power supply agreements (PSAs) before they will extend loans to power generation projects – be that in the renewable energy (RE) space or other energy technologies. During an Energy Investment Forum, BDO Capital &...
At least eight power generation companies (GenCos) have been formally tagged by the Energy Regulatory Commission (ERC) for penalties for breaching allowable forced outages in their electric generating facilities, that in turn triggered rotational blackouts and rate spikes last summer. ERC Logo In...
At least eight (8) delinquent power generation companies (GenCos) will be meted with penalties in decisions targeted to be issued by the Energy Regulatory Commission (ERC) in the next two weeks – and that is on account of the power facilities’ violations on their allowable forced outages. ERC...
As the month of August is now more than halfway, the Energy Regulatory Commission (ERC) is now being prodded to make public the outcome of its investigations on the ‘forced outages’ violations of the generation companies that triggered the double whammy of rotational blackouts and rate spikes...
The Department of Energy (DOE) is painting a scenario that electricity supply will be enough during the election period next year, but the supply-demand outlook it presented to media has not taken into account critical factors yet – including the recurring forced outages of power plants, the gas...
In this year’s “ghost month”, the erring power generation companies (GenCos) that caused the May 31-June 1 rotational blackouts will be fervidly haunted as steep penalties on their violations of ‘forced outages that had gone beyond the allowable indices’ will finally be meted. In a...
The Energy Regulatory Commission (ERC) is prodded to impose penalties against the generation companies (GenCos) that have caused unwarranted rate hikes during the power supply-strained summer months. That has been the demand of several consumer groups, led by the Power for People Coalition (P4P),...
The Department of Energy (DOE) finally admitted that Luzon grid already lacks capacity to meet peak electricity demand, especially with the recurring dilemma of forced outages of power plants. In a Senate hearing, DOE Director Mario C. Marasigan stated that given the combined loss of capacity in...
The generation companies (GenCos) which primarily caused the brownout-incidents in Luzon grid this year will face another round of investigation at the Senate this week. According to Senate Committee on Energy Chairman Sherwin T. Gatchalian, the focus of investigation on Thursday (June 17) will be...
