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The Manila Electric Co. (Meralco) will pursue the conduct of the competitive selection process (CSP) for the 3,000 megawatts (MW) of baseload power supply before the year ends to continue servicing the requirements of its customers. Under the 2023 Power Supply Procurement Plan (PSPP) submitted by Meralco to the Department of Energy (DOE), the first
Government regulators want to further strengthen the rules governing the Competitive Selection Process, especially amid recent arbitrary cancellations of deals that may threaten power supply stability. In a recent interview, Energy Regulatory Commission chairperson Monalisa Dimalanta disclosed that an evaluation will ensure consumers will be protected in the long run. Among the products of CSP
Before the country will be barreled anew by super typhoons or stricken by other disasters, the National Electrification Administration (NEA) has mandated the country’s electric cooperatives (ECs) to submit their respective contingency plans as well as emergency response strategies as part of their r
A 10-year ‘graduation plan’ on systematic reduction and eventual scrapping of subsidy in off-grid areas, or those jurisdictions not physically connected to the main power grids, is being pushed by the Department of Energy. In a draft circular, the DOE directed the National Transmission Corporati
Published February 25, 2021, 8:00 AM The country’s electric cooperatives (ECs) are prodded to undertake their competitive selection process (CSP) on power supply agreements (PSAs) to guarantee that they will not suffer supply shortages in the immediate term, especially with the portended economic recovery post-pandemic. To ensure that power supply auctions are carried out in a timely manner, National Electrification Administration (NEA) Chief Edgardo R. Masongsong has issued Memorandum No. 2019-035, so the ECs can be reminded and guided on their power supply procurements. In particular, it ...