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...
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....
President Marcos expressed confidence that the newly inaugurated Mariveles-Hermosa-San Jose (MHSJ) 500 KiloVolt (kV) transmission lines in Bataan would help the Philippines in its transition to renewable energy, thus achieving a more sustainable country. President Ferdinand 'Bongbong' Marcos Jr....
President Marcos has reminded Filipinos of their responsibility to protect the environment by conserving energy as the country strives for a stable and reliable power supply. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as he led the inauguration of the...
System operator National Grid Corporation of the Philippines (NGCP) forthrightly stated that it can deliver more transmission projects to commercial completion if approvals of the Energy Regulatory Commission (ERC) on its cost recoveries for invested capital could be granted promptly. “With...
System operator National Grid Corporation of the Philippines (NGCP) is batting for regulatory approval on full cost recovery of its P20.94 billion investment in the newly reinforced 500-kilovolt Hermosa-San Jose transmission line, which is now supporting the wheeling of additional capacities in...
The Philippine Electricity Market Corporation (PEMC), which serves as the governance body of the Wholesale Electricity Spot Market (WESM), has elected its new set of board of directors and officers that will help oversee the operations of the country’s power spot market. The reconstituted board...
President Marcos has urged the government and the private sector to continue pursuing "extraordinary opportunities" to achieve the country's renewable energy goals for a stable power supply. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) "Let us continue to pursue extraordinary...
