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

DOE endorsed 12 power projects for system impact study to NGCP in July

By Alena Mae S. Flores – August 25, 2024, 7:45 pm from manilastandard.net The Department of Energy (DOE) endorsed 12 projects for system impact study by the National Grid Corp. of the Philippines (NGCP) in July, bringing the total endorsed […]
August 26, 2024

Meralco deploys students to US, China to study nuclear energy

By Alena Mae S. Flores – August 25, 2024, 8:55 pm from manilastandard.net Power retailer Manila Electric Company (Meralco) said it enlisted foreign universities from the United States and China as knowledge partners for its nuclear energy push. Meralco said […]
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ERC rules: ‘Longstop date’ is no longer valid as ground for PSA termination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; […]