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 subsidiaries of diversified conglomerate San Miguel Corporation (SMC) have terminated two power supply agreements (PSAs) with utility giant Manila Electric Company (Meralco), crashing hopes of at least 1,800 megawatts in critical power capacity additions by next year until 2025. In an...
The Office of the Solicitor General (OSG), as a representing counsel for the Energy Regulatory Commission (ERC), is opposed the consolidation of the cases relating to the junked rate hike on the power supply agreements (PSAs) of the two corporate vehicles of SMC Global Power Holdings Corp (SMCGP)...
The Energy Regulatory Commission (ERC) is investigating private distribution utilities (DUs) and electric cooperatives (ECs) that have been the subject of complaints for allegedly overpricing pass-on costs to consumers, primarily on generation charges. The commission said they are prioritizing the...
The Energy Regulatory Commission (ERC) is widening its review on over-contracting of power supply being carried out by private distribution utilities (DUs) and electric cooperatives (ECs) as it drives up electricity tariffs being passed on to ratepayers. According to ERC, over-contracting has been...
SMC Global Power Holdings Corporation (SMCGP), the power investment arm of San Miguel Corporation, logged colossal losses of P15 billion on the electricity generation operation of its power plants due to surging fuel prices in the world market and is now batting for rate hikes so it can partly...
Leviste-founded Solar Philippines is currently accelerating discussions with prospective off-takers (capacity buyers) of the generated electricity of up to 10,000 megawatts (10 gigawatts) of solar farm installations that the company will be advancing to implementation and construction phases within...
From thousands of unresolved applications for power supply agreements (PSA) prior to the onset of the Covid-19 pandemic, the Energy Regulatory Commission (ERC) indicated that the remaining cases it will need to act on now just hovers at around 600 pending applications. “We tried to resolve as...
Ayala-led AC Energy has been ramping up its offer to qualified customers who will choose renewable energy (RE) technologies in meeting their electricity needs. The company said it is now reinforcing team efforts into enlisting customers under the Green Energy Option Program (GEOP), a policy that...
The Energy Regulatory Commission (ERC) is rigidly scrutinizing the power supply agreements (PSAs) entered into by distribution utilities (DUs) in its bid to strictly disallow ‘overcontracting’ in the electricity supply procurements of regulated power utilities. “Our priorities now, we are...
Power utility giant Manila Electric Company (Meralco) and the two subsidiary-firms of conglomerate San Miguel Corporation (SMC) have jointly filed applications with the Energy Regulatory Commission (ERC) for the approval of power supply agreements (PSAs) on 1,800 megawatts of power capacity that...
The Department of Energy (DOE) is being urged to enforce stricter rules in the competitive selection process (CSP) for power supply agreements (PSAs) that are being auctioned by distribution utilities. The Department of Energy (DOE) is being urged to enforce stricter rules in the competitive...
