July 2, 2021

NCIP forcibly shuts down Hedcor hydro plants in Benguet

BY LENIE LECTURA – JULY 1, 2021 from Business Mirror THE National Commission on Indigenous Peoples-Cordillera Administrative Region (NCIP-CAR) has implemented the cease and desist order (CDO) against Hedcor Inc.’s three hydro power facilities despite a directive from the energy […]
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

PEMC told to defer surplus collection

By Jordeene B. Lagare – June 25, 2021 from The Manila Times The Energy Regulatory Commission (ERC) ordered the Philippine Electricity Market Corp. (PEMC) to postpone the collection of the net settlement surplus (NSS) from distribution utilities and electric cooperatives. […]