January 18, 2021

ERC still firming up ‘price ceiling’ for RE auction under RPS

By Myrna M. Velasco – January 18, 2021, 6:00 AM from Manila Bulletin The Energy Regulatory Commission (ERC) is still firming up the pricing formula for the targeted ‘tariff ceiling’ that shall be instituted for the 2,000 megawatts of renewable […]
January 4, 2021

ERC rejects FIT rate for ocean technology

By Lenie Lectura – January 4, 2021 from Business Mirror The Energy Regulatory Commission (ERC) denied the petition filed by the National Renewable Energy Board (NREB) for feed-in-tariff (FIT) for electricity generated from ocean energy resources. NREB is the body […]
December 31, 2020

DOE extends FIT incentive for hydro power ‘indefinitely’

By Myrna M. Velasco – December 31, 2020, 6:30 AM from Manila Bulletin The Department of Energy (DOE) has green-lighted ‘indefinite extension’ on the award of feed-in-tariff (FIT) incentives for run-of-river (ROR) hydropower projects that will be pursued by renewable […]
December 31, 2020

FIT-All rate increase for RE to greet consumers

By Myrna M. Velasco – December 31, 2020, 5:00 AM from Manila Bulletin Electricity consumers will be greeted with a “Happy New Year rate hike” as they will need to pay more as subsidy to renewable energy (RE) projects via […]