Refund predatory gains
“ERC has emphasized contracting for power supply to at least avoid exposure to price spikes in the WESM."
Source: tribune.net.ph
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Energy vampires exist
“Instead, WESM became a venue to maximize power generation income as power plants could declare a sudden malfunction to take their plants off the grid."
Source: tribune.net.ph
Meralco awaits ERC on First Gen's ask
LOPEZ-led First Gen Corp. wants to know from the Manila Electric Co. (Meralco) if it will be able to pay for the next batch of LNG (liquefied natural gas) supply to determine the next steps it must undertake for its next supply procurement. “First Gen told us that if we…
Source: businessmirror.com.ph
New task force to crackdown unfair power practices
To address recent controversies in the local power sector, including several canceled supply deals and a multi-billion-peso power blackout, among others, a spec
Source: tribune.net.ph
ERC tells gencos to explain unplanned power outages
The Energy Regulatory Commission (ERC) has issued a total of 65 Notices of Non-Compliance with Order to Explain (NNCOE) to various generation companies with facilities or units that exceeded the allowable number of unplanned outages. In a statement, the ERC said the issuance of the notices is in direct response…
Source: businessmirror.com.ph