October 5, 2023

ERC studies removing price ceiling in RE auction

By Alena Mae S. Flores – October 4, 2023, 8:30 pm from manilastandard.net The Energy Regulatory Commission (ERC) plans to remove the price ceiling for the upcoming auction of geothermal, run-of-river hydro and pumped storage hydro projects this year. The […]
September 23, 2023

ERC sets run-of-river FIT at P6.11 per kWh

By Manila Standard – September 22, 2023, 8:35 pm from manilastandard.net The Energy Regulatory Commission (ERC) said Friday it issued a resolution setting the feed-in tariff (FIT) for run-of-river (ROR) hydro for the third FIT round (FIT3) at P6.1110 per […]
September 18, 2023

Power rates on downtrend since January

By Alena Mae S. Flores – September 17, 2023, 8:55 pm from manilastandard.net Electricity rates have been on a downward trend since January 2023, the Department of Energy (DOE) said over the weekend. “It is important to note the decreasing […]
September 16, 2023

ERC approves amended price scheme for reserve market

By Alena Mae S. Flores – September 15, 2023, 8:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) granted preliminary approval to the application of Philippine Electricity Market Corp. (PEMC) and the Independent Electricity Market Operator of the Philippines Inc.  […]