The staggering increase in fuel prices prompted two power units of San Miguel Corp. (SMC) and the Manila Electric Co. (Meralco) to seek regulatory approval for a temporary price adjustment intended for cost recovery under their 2019 power supply agreements (PSA). Energy Regulatory Commission (ERC) Chairperson Agnes VST Devanadera confirmed…
With no top official in-charge at the Department of Energy (DOE), the Luzon grid was again subjected to "yellow alert" or the lack of power reserves that could potentially plunge the country's main economic center with rotational blackouts. System operator National Grid Corporation of the Philip
With alarm bells raised on highly probable rotational blackouts during the summer months, the country’s generation companies (GenCos) are being warned that breach of regulatory policy on ‘force outage caps’ will not be tolerated, hence, they shall be ready to be meted anew with penalties. “Non-adhe
The recent approval granted by the Energy Regulatory Commission (ERC) on the license for the commercial operations of the 724.965-megawatt GNPower Dinginin (GNPD) thermal generating plant will put power supply on a safer zone during the May 2022 elections as well as for the demand peak on the summer
At least eight (8) delinquent power generation companies (GenCos) will be meted with penalties in decisions targeted to be issued by the Energy Regulatory Commission (ERC) in the next two weeks – and that is on account of the power facilities’ violations on their allowable forced outages.
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