June 13, 2019

ERC allows PSALM to recover P5.117 billion from consumers

By Lenie Lectura – June 13, 2019 from Business Mirror THE Energy Regulatory Commission (ERC) has authorized the Power Sector Assets and Liabilities Management Corp. (PSALM) to recover P5.117 billion from  consumers to pay for the stranded debt of the […]
June 13, 2019

Gencos, DUs told to set up trust accounts for electrification fund

By Myrna M. Velasco – June 12, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is mandating the establishment of separate trust accounts by the generation companies (Gencos) and distribution utilities (DUs) on the electrification fund that […]
June 12, 2019

DOE, PCC in tie-up to probe brownout mess, collusion raps

By Myrna M. Velasco – June 11, 2019, 10:00 PM from Manila Bulletin The ‘messy’ affair of the power sector in this year’s summer months had prompted the Department of Energy (DOE) and Philippine Competition Commission (PCC) to “break bread” […]
June 12, 2019

DOE to auction PDAs for RE service contracts

By Myrna M. Velasco – June 11, 2019 from Manila Bulletin The Department of Energy (DOE) is enforcing changes in the award of service contracts to renewable energy (RE) developers with its intended offer of pre-determined areas (PDAs) for such […]