THE Department of Energy (DOE) and the Energy Regulatory Commission (ERC) are reviewing the competitive selection process (CSP) policy in order to address current and future concerns on unforeseen challenges that affect electricity prices. As the policy-making body of the energy sector, Energy Secretary Raphael Lotilla said his office is carefully…
THE Manila Electric Co. (Meralco) will conduct more competitive biddings, possibly this year, for 900 megawatts (MW) of power supply requirement. “Based on the approved PSPP [power supply procurement plan], we have the 200 MW baseload for RE (renewable energy) to comply with RPS [renewable portfolio standards] requirement. And another…
UP to kick off power retail aggregation phase By MYRNA M. VELASCO The era of retail competition in the restructured electricity sector will finally enter the "aggregation phase" starting off with the University of the Philippines in Diliman, Quezon City which contiguous areas and their end-users w
Manila Electric Co. has commenced negotiations with Terra Solar Philippines Inc. to supply 850 megawatts of mid-merit renewable energy after two failed biddings.
The Manila Electric Co. (Meralco) on Monday announced another upward adjustment in its electricity rate for April, marking the second straight month of increases.