கூட்டு காங்கிரஸ் ஆற்றல் தரகு News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Duterte signs new law enhancing energy sector oversight
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Press Release - PRIB: Senate passes bill removing expiration period of joint energy commission
senate.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from senate.gov.ph Daily Mail and Mail on Sunday newspapers.
BusinessWorld
May 28, 2021 | 5:48 pm
The revised rates will cover the period of Jan. 1, 2018 to Dec. 31, 2019.
The ruling dated Nov. 23 detailed the regulator’s computations of the FiT 2, taking into consideration technical, operating, economic and tax assumptions, among others.
The FiT is a fixed subsidy paid by the government to RE developers to partially offset the risks in taking on new technology. The tariff comes from the FiT-Allowance, a uniform charge billed to on-grid customers. The collections are remitted to the National Transmissions Company, which will then distribute it to developers participating in the FiT system.
The decision, which was signed by ERC Chairperson and Chief Executive Officer Agnes VST Devanadera and four commissioners, comes as a response to the National Renewable Energy Board’s (NREB) proposal for a modified FiT rate for ROR hydro at P5.8705/kWh. The NREB also asked to retain the digressed FiT for biomass projects at P6
Press Release - WIN SPONSORSHIP SPEECH | SBN 2220 / CRN 261 JCEC Enhancement Act
senate.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from senate.gov.ph Daily Mail and Mail on Sunday newspapers.
Published May 24, 2021, 2:40 PM
The House Committee on Energy on Monday, May 24 approved a bill that would give the Joint Congressional Energy Commission (JCEC) a permanent status, removing in the process its expiration as a body exercising oversight functions on the energy sector.
In a committee hearing alternately presided over by Philippine Rural Electric Cooperatives Association (Philreca) Partylist Rep. Presley de Jesus, and Pampanga 1st District Rep. Juan Miguel Arroyo, the House panel unanimously approved House Bill 9132 or the JCEC Expiration Act.
The House panel also unanimously adopted the amendments to the measure sought by Association of Philippine Electric Cooperatives (APEC) Partylist Rep. Sergio Dagooc who proposed that the PCEC be granted the power of oversight on the implementation of all laws relating to the energy sector, except the Biofuels Act of 2006 Among the laws identified by Dagooc were Republic Act No. 8479 or the Downstream Oil Deregulation Act of 1998