September 4, 2024
Published by admin at September 4, 2024
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ERC reaffirms rule on immediate implementation of EPSAs with provisional approval

BY Myrna M. Velasco – Sep 3, 2024 03:35 PM from Manila Bulletin At a glance Distribution utilities would often resort to emergency PSAs if there is sudden surge in their demand that are not covered in their existing PSAs […]
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August 30, 2024
Published by admin at August 30, 2024
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Energy storage integration in RE capacity auction to hike bid rates by P5-P6/kWh

LNG capacity tendering will be treated as ancillary services By Myrna M. Velasco – Aug 29, 2024 12:03 PM from Manila Bulletin At a glance The parallel auction for liquefied natural gas (LNG) capacity in GEA-4 shall be for ancillary […]
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August 27, 2024
Published by admin at August 27, 2024
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First Gen eyeing income boost this year with add’l revenues from geothermal assets

BY Myrna M. Velasco – Aug 26, 2024 02:11 PM from Manila Bulletin At a glance The latest project of its subsidiary Energy Development Corporation (EDC) that reached commercial operations in July had been its 28.9MW Palayan binary geothermal facility […]
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August 26, 2024
Published by admin at August 26, 2024
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ERC rules: ‘Longstop date’ is no longer valid as ground for PSA termination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; […]
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