Tag page - generation companies (GenCos)

Power generation companies that drag out maintenance shutdowns or trigger unexpected outages will now face stiff daily penalties, as the Energy Regulatory Commission (ERC) finalized a new framework capping annual unplanned downtime. In a resolution, the ERC said generation companies must not exceed...

The Department of Energy (DOE) is clamping down on power generation companies, with more than a hundred firms facing potential regulatory penalties for failing to justify prolonged plant shutdowns and reduced operating capacities. In a briefing on Monday, July 6, Gabriel B. Corpuz, legal officer...

Amid tightening power supply, depleted grid capacities, and the country’s continuing state of national energy emergency, the Department of Energy (DOE) is set to issue show-cause orders to 164 on-grid generation companies (GenCos) for failing to meet operational standards. Energy Secretary Sharon...

The Energy Regulatory Commission (ERC) is preparing to penalize power generation companies in Visayas whose prolonged plant shutdowns have triggered persistent yellow grid alerts and threatened the regional power supply. ERC Chairperson Francis Saturnino Juan said in an interview last week that the...

The Energy Regulatory Commission (ERC) has issued a total of 40 show-cause orders to 37 generation companies (GenCos) after they failed to submit complete fuel purchase documents. These documents are necessary to ensure fair electricity prices charged to consumers. In a statement, the ERC said that...