June 2, 2022

ERC amends 2006 OATS rules

BY LENIE LECTURA – JUNE 2, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has amended the Open Access Transmission Service (OATS) rules to synchronize with the commission’s existing rules. ERC Chairperson and CEO Agnes VST Devanadera said the […]
May 31, 2022

ERC issues GEAR prices

BY LENIE LECTURA – MAY 30, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has released the Green Energy Auction Reserve (GEAR) prices for the first round of the Green Energy Auction Program (GEAP). The GEAR price for solar […]
May 31, 2022

Royalties remitted to DOE in Q1 hit record–Semirara

BY LENIE LECTURA – MAY 30, 2022 from Business Mirror Semirara Mining and Power Corp. (SMPC) said Monday it has remitted P5.9 billion in royalties to the Department of Energy (DOE) in the first quarter. This is the highest amount […]
May 27, 2022

NGCP activates Mariveles-Hermosa transmission line

BY LENIE LECTURA – MAY 26, 2022 from Business Mirror A P6-billion transmission facility is now ready to accommodate more than 2,500 megawatts (MW) of new generating capacities for the Luzon grid. The National Grid Corporation of the Philippines (NGCP) […]