September 7, 2021

ERC says most parties to ancillary-services supply deals willing to sign firm contracts

By Angelica Y. Yang, Reporter – September 5, 2021 | 9:02 pm from Business World THE ENERGY Regulatory Commission (ERC) said 28 of 35 entities holding “non-firm” contracts with the grid operator to provide reserve power are willing to convert […]
September 7, 2021

ERC set to penalize 8 erring GenCos

By Myrna M. Velasco – September 6, 2021, 9:17 AM from Manila Bulletin 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 […]
September 6, 2021

PSALM sets bid price for Pampanga property

BY LENIE LECTURA – SEPTEMBER 6, 2021 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has set a minimum bid price of P741.327 million for its 50,447-square meter real estate property in Mexico, Pampanga. The asset […]
September 6, 2021

Govt share in Malampaya funds hits ₧124B–DOE

BY LENIE LECTURA – SEPTEMBER 6, 2021 from Business Mirror The government’s share in the Malampaya fund now stands at roughly P124 billion, the Department of Energy (DOE) said. DOE-Energy Utilization Management Bureau Director Patrick Aquino told lawmakers last week […]