Higher power rates if ‘yellow status’ in Luzon continues —Meralco exec

Rates may increase if the power situation in Luzon continues in the coming days, an official of the Manila Electric Company (Meralco) said Saturday. “May naganap na yellow alert kahapon. In the event na magpapatuloy ito, itong kamakailan ay madalas maganap ang yellow alert status, it will [have] impact [on the] rates,” Meralco’s Joe Zaldarriaga…

ERC considering reliability standards on forced outages

The ERC is considering establishing standards on forced outages of power plants to ensure sufficient power supply in the grid.  Philippine Electricity Market Corp. (PEMC) has asked the ERC, through Grid Management Committee (GMC), to form the standards. According to the PEMC, having standards on forced outages will allow the regulator to measure the number of…