The Energy Regulatory Commission (ERC) has slapped system operator National Grid Corporation of the Philippines (NGCP) with P3.5 million worth of penalties for at least 10 transmission projects that it failed to deliver on targeted commercial operations date. A statement from the regulatory body...
While it is manifestly the major game in town for both local and foreign investors, Aboitiz Power Corporation is still seeing treacherous terrain when it comes to capital influx in the renewable energy (RE) sector. In his presentation at the Smart Forum 2024 convened by the European Chamber of...
FDC Green Energy Corporation, a subsidiary of FDC Utilities, Inc. (FDCUI) of Gotianun-led Filinvest Development Corp., is poised to advance to construction phase its 20.75-megawatt solar farm project following groundbreaking rites at its PHIVIDEC Industrial Estate project site in Misamis Oriental ....
The Energy Regulatory Commission (ERC) has disclosed to Congress that it will be submitting the result of its performance review on system operator National Grid Corporation of the Philippines (NGCP) by December. “We have until the end of the year to submit our findings to the President,” ERC...
The Department of Energy (DOE) is batting for an issuance of system impact study (SIS) for power projects that shall be shorter than three months, so the country can further speed up developments in the renewable energy (RE) sector. According to Energy Secretary Raphael P. M. Lotilla, the length of...
Prior to trading resumption in the reserve market, the Department of Energy (DOE) has instructed the operator of the Wholesale Electricity Spot Market (WESM) to issue guidelines on the synchronization of dispatch intervals for both traded energy capacities and ancillary services for an efficient...
The Energy Regulatory Commission (ERC) is anticipated to render decisions that will enforce penalties on the ‘unjustified’ transmission project delays of the National Grid Corporation of the Philippines (NGCP) as well as the indefensible forced outages of power plants during the summer months....
As the generation companies (GenCos) miserably faltered with their relentless forced outages during the summer months, President Marcos has profoundly cheered the P160 billion worth of completed transmission projects of system operator National Grid Corporation of the Philippines (NGCP) in his...
Lights on? or lights off? That’s not one of the typical ‘fast talk’ questions being thrown by a country’s well-known television host, rather, that is a state of the country’s power supply that primarily distressed Filipino consumers in this year’s summer months. In the third State of...
The ‘energy insecure’ state of Luzon grid lingers, as system operator National Grid Corporation of the Philippines (NGCP) declared second wave of ‘yellow alert’ condition in the country’s biggest power grid this week. The state of ‘yellow alert’, which entails insufficiency of power...
With array of factors which caused unavailability of 1,652 megawatts in the system, the tripping of the 417.4MW San Gabriel gas-fed power facility has prompted the declaration of ‘yellow alert’ condition in the Luzon grid. In the context of the power industry, to be plunged into ‘yellow...
The full completion of the 230-kilovolt Cebu-Bohol interconnection project will decongest power supply flow in the tourist-haven Bohol; and will also have positive spillover effect to improving power supply in the Luzon grid by taking the edge off on the existing Leyte-Bohol submarine cable....