December 5, 2023
THE Energy Regulatory Commission (ERC) on Wednesday released the results of the preliminary review for the National Grid Corp. of the Philippines’ (NGCP) performance and operations. In its order, the ERC formally issued for public comments the preliminary results of its ongoing review of NGCP for the regulatory period 2016-2022 in order to determine how
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THE Energy Regulatory Commission (ERC) has issued the revised competitive selection process (CSP) guidelines to govern power supply contracting or power supply agreements (PSAs) of distribution utilities (DUs). The revised guidelines that were supposed to be released in August were issued last Friday, Oct. 6, 2023. The ERC said it had to notify the Department
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ELECTRICITY consumers could see their monthly bills go down as regulators on Thursday reversed a more than 10-year-old ruling that allowed the operator of the country’s power grid to pass on a franchise tax. The Energy Regulatory Commission (ERC), in a statement, said it was taking back a 2011 order that gave National Grid Corp.
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The Energy Regulatory Commission (ERC) on Thursday announced the winners of the second round of the Green Energy Auction (GEA-2), which was held electronically on July 3, 2023. GEA-2 has produced a total of 3,440,756 megawatts (MW) of renewable energy capacity that has been earmarked for development and installation for 2024, 2025 and 2026 at
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The Energy Regulatory Commission (ERC) said on Thursday that GRID users will have stronger incentives to use electricity more efficiently. The ERC said in a statement that National Grid Corp. Philippines (NGCP) is following its order of 24 May 2023. It has committed to immediately implement the 2022 Open Access Transfer Service (OATS) rules, which
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The Energy Regulatory Commission (ERC) on Tuesday said it was “processing for approval” most of the 36 ancillary service purchase agreements (ASPAs) entered into by National Grid Corp. Philippines (NGCP). The ERC said in a statement that this is “in accordance with the competitive selection process approved by the Department of Energy.” “On April 18,
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The Energy Regulatory Commission (ERC) has capped electricity rates in Emergency Power Supply Agreements (EPSAs) negotiated by distribution companies (DUs) and generators. EPSAs are spoofed due to force majeure or random events as identified in a 2021 Department of Energy (DOE) agency circular. All EPSAs are subject to ERC approval. “EPSA should be implemented immediately
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The Energy Regulatory Commission (ERC) has published a provisional green energy auction reserve price (GEAR) for waste-to-energy technology. In the notice, the ERC announced that it had initially set the GEAR waste-to-energy price at 6.4698 pesos per kilowatt hour (kWh). The ERC has scheduled a public hearing for June 1 to discuss stakeholder comments on
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The Philippine Solar Energy and Energy Storage Alliance (PSSEA) is asking the Energy Regulatory Commission (ERC) to set a higher Green Energy Auction Reserve (GEAR) price for floating solar technology. “PSSEA respectfully requests that the Honorable Commission consider 7.3661 pesos per kilowatt hour (kWh) as the GEA-2 GEAR price for on-water solar photovoltaic systems and
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The Energy Regulatory Commission (ERC) commended the Land Bank of the Philippines (LBP) for offering financial assistance to distribution utilities (DU) in the form of a line of credit to increase their working capital. “In its efforts to mitigate the impact of high electricity tariffs, the ERC is committed to supporting [LBP’s] help to narrow
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