The Energy Regulatory Commission (ERC) is planning on adding adjustments to the draft rules of the competitive selection process (CSP), incorporating suggestions from stakeholders.
This was decided upon after a focus group discussion with various stakeholders from July 26 to 28.
In a report by the Philippine Star, the commission issued the draft on August 14, which outlined guidelines for distribution utilities (DUs) about procuring, evaluating, and implementing power supply agreements (PSAs) for supplying electricity to their customers.
The ERC added that with the comments and to strike a balance, they are urged to conduct an in-depth review and revision of the draft which will be sent out again for another round of stakeholder feedback before solidifying the final guidelines.
The commission also gave notice to the Department of Energy (DOE) to deliberate on the comments of the participants and to consider the revisions in the CSP draft. With this, the department reviewed the current CSP guidelines to make the process more efficient.
To expedite the purchase of electricity, DOE created this policy. A power supplier would be selected through a competitive bidding process to fulfill a DU’s need for electric power.