September 28, 2021

Electric coops told to stop RFSC collection

BY LENIE LECTURA – SEPTEMBER 27, 2021 from Business Mirror Two electric cooperatives (ECs) were ordered by the Energy Regulatory Commission (ERC) to immediately stop collecting additional Reinvestment Fund for Sustainable Capital Expenditures (RFSC) from their consumers. The RFSC is […]
September 27, 2021

Mindanao needs additional capacity by 2030–MinDA

BY LENIE LECTURA – SEPTEMBER 27, 2021 from Business Mirror Mindanao has about 800 megawatts (MW) of excess power capacity today, according to the Mindanao Development Authority (MinDA), but by 2030 it will need additional capacity to serve the region’s […]
September 27, 2021

‘Power reserves market to launch in 2022’

BY LENIE LECTURA – SEPTEMBER 27, 2021 from Business Mirror Photo from www.iemop.ph THE target date for the trading of power reserves in the spot market would be moved to 2022, the Independent Electricity Market Operator of the Philippines (IEMOP) […]
September 24, 2021

ERC orders DUs to refund P20B

BY LENIE LECTURA – SEPTEMBER 23, 2021 from Business Mirror The Energy Regulatory Commission (ERC) said Thursday that it has so far issued refund orders worth P20 billion from January 2020 to September 2021. “Upon evaluation and verification of the […]