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The Energy Regulatory Commission (ERC) says that more developers may consider the Feed In Tariff (FIT) 4 instead of the Green Energy Auction for run-of-river projects due to the adjustments this round. ...
Aboitiz Power Corporation and other private energy sector members have stressed the necessity for clear and fair policy guidelines and regulations from the government. “There are risks that the private sector must...
The Energy Regulatory Commission (ERC) announced it is reviewing the reliability index that determines allowable outages for energy facilities to enhance monitoring and establish appropriate penalties. In a report by BusinessWorld, ERC...
Customers of Manila Electric Company (MERALCO) can expect a significant reduction in June electricity rates, reversing the previously announced increase. This change comes as the power distributor implements a staggered collection of...
The Energy Regulatory Commission (ERC) approved a staggered payment plan for the Wholesale Electricity Spot Market (WESM) purchases over the next four months, beginning in June 2024. The ERC will release an...
Officials in Bacolod City and Negros Occidental are urging the Energy Regulatory Commission (ERC) to expedite the approval of a proposed agreement between a local power distributor and a major energy producer,...
The Bangko Sentral ng Pilipinas (BSP) has projected that electricity rates will further increase, with around Php 15.77 billion in power generation costs potentially being passed on to consumers. The adjustment is...
The Energy Regulatory Commission (ERC) has ordered the suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon region due to insufficient generation capacity in the grid. The decision came after...
Senator Risa Hontiveros on Wednesday urged the Department of Energy (DOE), the Energy Regulatory Commission (ERC), and the National Grid Corporation of the Philippines (NGCP) to address the country’s power shortages. Hontiveros...
The Energy Regulatory Commission (ERC) is issuing an order partially lifting the suspension on settlement amounts in the Reserve Market of the Wholesale Electricity Spot Market (WESM). In the Order issued for...
