July 2, 2021

ERC probe to zero in on ‘profit-takers’ during WESM price spikes

By Myrna M. Velasco – July 1, 2021, 4:02 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has stipulated that it will zero in investigations on generation companies (GenCos) that may have raked in “financial gains” from the series […]
July 1, 2021

ERC shortens threshold on enforcement of WESM mitigating price caps

By Myrna M. Velasco – June 30, 2021, 4:50 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has shortened to three days or 72 hours – from originally five days or 120 hours –the time threshold on when the […]
June 29, 2021

IEMOP sets ‘red flag triggers’ on WESM trading breaches

By Myrna M. Velasco – June 28, 2021, 3:47 PM from Manila Bulletin The Independent Electricity Market Operator of the Philippines (IEMOP) is enforcing triggers to potential ‘red flags’ it has been tracking on the operation of the Wholesale Electricity […]
June 28, 2021

DOE delays 2,000MW RE capacity auction to October

By Myrna M. Velasco – June 28, 2021, 6:00 AM from Manila Bulletin The Department of Energy (DOE has deferred until October this year the targeted auction of 2,000 megawatts of renewable energy (RE) capacity to be covered by the […]