August 30, 2024

ERC strengthens rules on customer choice programs

By Alena Mae S. Flores – August 29, 2024, 7:40 pm From manilastandard.net The Energy Regulatory Commission (ERC) released the omnibus rules on consumer choice program in the retail electricity market to drive competition and empower consumers. The consumer choice […]
August 28, 2024

SMC, Aboitiz units submit ‘best bids’ for 600-MW Meralco supply

By Alena Mae S. Flores – August 27, 2024, 8:20 pm from manilastandard.net Masinloc Power Co. Ltd. (MPCL) of San Miguel Corp. and GNPower Dinginin Ltd. Co. (GNPD) of Aboitiz Power Corp. offered the “possible best bids” for Manila Electric […]
August 27, 2024

ERC clarifies ‘longstop date’ in PSAs

By Lenie Lectura – August 27, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has cautioned power generation companies against seeking for a termination of their power supply agreement (PSA) earlier than the prescribed period stated under relevant laws […]
August 26, 2024

ERC rules: ‘Longstop date’ is no longer valid as ground for PSA termination

BY Myrna M. Velasco – Aug 24, 2024 11:45 AM from Manila Bulletin At a glance The ERC stated that the acceptable grounds for PSA termination shall only be anchored on conditions such as: bankruptcy or insolvency of the GenCo; […]