THE Energy Regulatory Commission (ERC) has granted Manila Electric Co. (Meralco) and First NatGas Power Corp. (FNPC) the authority to implement their power supply agreement (PSA) in an “interim relief” that sets certain conditions. “In the event that the final rate is higher than that granted in the interim, the resulting additional charges shall be…
Tag: baseload
FPI endorses DoE policy focusing on baseload stability
THE Federation of Philippine Industries (FPI) has backed the Department of Energy’s (DoE) move to do away with a policy that sets a cap or a quota on the kind of technology to be used in building a power plant. “[DoE] Secretary [Alfonso G.] Cusi’s pronouncements are consistent with FPI’s stand on certain issues, especially…
DOE: Baseload sources needed
THE COUNTRY’S power system requires sourcing up to 80% of its electricity from baseload or largely coal-fired power facilities, while 17% is needed from mid-merit plants and only 3% from peaking plants or those that run when there is high demand, officials of the Department of Energy (DoE) said. “We would like to emphasize that…
Winnergy Holdings Corp. 