CA allows ERC to settle suits vs Meralco, AboitizPower

THE Court of Appeals (CA) has given the Energy Regulatory Commission (ERC) the go signal to hear and resolve anti competitive behavior and other unfair trade and practices against power distributor Manila Electric Co. (Meralco) and the subsidiaries of power firm Aboitiz Power Corp. in connection with the shutdown of the Malampaya gas facility, which affected…

Meralco-First NatGas power supply deal gets ERC go signal

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…

Commissioner says TransCo bid for grid link beyond ERC’s scope

NATIONAL Transmission Corp.’s (TransCo) proposal to supervise the Visayas-Mindanao interconnection project is beyond the scope of the Energy Regulatory Commission (ERC) and should be discussed by the state-led agency with the power system operator, an ERC commissioner said. “[On the supervision over the project], maybe that’s something that they have to take up with NGCP…

ERC expects decision this year on 3 out of 7 Meralco PSAs

The Energy Regulatory Commission (ERC) is hopeful to come out with a decision on three out of seven power supply agreements (PSAs) of Manila Electric Co. (Meralco) by year-end. In a forum yesterday, ERC commissioner Josefina Magpale-Asirit said the power regulator is looking to issue a decision on three Meralco PSAs with Redondo Peninsula Energy…

ERC approves NGCP’s P6.86-B Mindanao transmission backbone

POWER system operator National Grid Corp. of the Philippines (NGCP) will be building a new transmission backbone to carry added power capacity in Mindanao at a cost of P6.86 billion, details of the decision released by the Energy Regulatory Commission (ERC) show. “A perusal of the evidence presented herein showed that NGCP’s application for the…

Mindanao electric cooperatives say their views on WESM disregarded

Electric cooperatives in Mindanao are opposing the terms under the planned wholesale electricity spot market (WESM), claiming that their recommendations during the Department of Energy’s (DoE) consultations were not considered. In a news conference here Friday, the Association of Mindanao Rural Electric Cooperatives, Inc. (AMRECO) said one of their main proposals is establishing an “independent”…

Solons rap alleged midnight deals by ERC in favor of Meralco

Congressmen on Tuesday assailed the alleged sweetheart deals engineered by officials of the Energy Regulatory Commission (ERC) to favor power distributor Meralco, allowing the latter to lock down consumers in its franchise areas to disadvantageous power rates for up to 25 years. In a statement issued to media, Bagong Henerasyon Rep. Bernadette Herrera-Dy said the power supply…

Energy department advises freeze on power supply talks for big users

THE Department of Energy (DoE) has told big power users to put on hold negotiations to source supply from retail electricity suppliers ahead of a common stand from government agencies after the Supreme Court blocked regulations that called for retail competition and open access (RCOA) in the power sector. “Freeze everything until the Supreme Court…

Solon seeks probe on energy regulator, Meralco

A lawmaker on Tuesday called for an investigation on allegations the extension of a regulatory deadline for compliance with competition rules benefited the Manila Electric Co. The Energy Regulatory Commission had set a November 2015 deadline but was later extended to 2016, Bayan Muna party-list Representative Carlos Isagani Zarate said. Four days before the new…

House reviewing ERC overhaul amid Duterte abolition threat

THE House of Representatives is studying making “fundamental changes” to the Energy Regulatory Commission, following a warning from President Rodrigo R. Duterte that he will shut down the agency and create a new body. “We are currently studying it,” Speaker Pantaleon D. Alvarez told reporters in a news conference on Tuesday night. “I advised the…