Community mall pioneer Walter Mart has teamed up with Aboitiz Power Corp. to power up its new malls under the Retail Competition and Open Access (RCOA) regime. Aboitiz Power and Walter Mart have signed a 4.7-megawatt (MW) power supply deal for its mall expansion this year. This year, Walter Mart is set to open branches…
Tag: retail competition
PEMC says 744 switch suppliers under RCOA
A TOTAL of 744 customers have switched to sourcing their power supply from distribution utilities to retail electricity suppliers (RES) after rules on retail competition and open access (RCOA) came into effect, officials of the central registry of retail power users said. However, the number of switching customers may well ease as the same rules…
Power producers ‘concerned’ by SC TRO on retail competition
INDEPENDENT power generation companies on Monday expressed their concern over the move by the Supreme Court (SC) to block the rules to implement the energy sector’s rules on retail competition and open access (RCOA). In a statement, the Philippine Independent Power Producers Association (PIPPA) said it “notes with concern” the high court’s temporary restraining order…
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…
THE Department of Energy (DoE) is looking to issue a new circular that will ease the rules for 750-kilowatt “contestable” consumers who are mandated to contract their power supply with licensed retail electricity suppliers (RES) by June 26, 2017. “While we are doing voluntary for 1-megawatt (MW) [consumers], I’m preparing for June,” Energy Secretary Alfonso…
Halt on power retail rules favors big producers: Bayan Muna
The Supreme Court’s decision to temporarily halt rules for electricity retail will curtail consumers’ freedom of choice, a left-wing group has said. Delaying open access to electricity will work in favor of large power distributors like the Manila Electric Co., said Bayan Muna chairman Neri Colmenares. The high tribunal last week issued a temporary restraining…
Supreme Court issues TRO against contestable-customer power scheme
THE Supreme Court (SC) on Tuesday issued a halt order on several issuances of the Department of Energy (DoE) and the Energy Regulatory Commission (ERC) on the government’s retail competition and open access (RCOA) policies. Acting on a petition filed by the Philippine Chamber of Commerce and Industry (PCCI), San Beda College Alabang, Inc., Ateneo…
Energy dept vows to uphold consumers’ power of choice
The Department of Energy DOE has committed to uphold consumers’ power of choice following a Supreme Court order temporarily halting the implementation of the retail competition and open access. The agency is duty-bound to implement the law and uphold the freedom of choice to promote market competition, Energy Secretary Alfonso Cusi said. The provisions in…
Meralco creates new unit to retail electricity
Manila Electric Co. (Meralco) has applied for a retail electricity supplier (RES) license to be able to continue its participation in the retail electricity market as part of compliance with the new retail competition and open access (RCOA) rules it earlier opposed. Meralco has formed a subsidiary called Vantage Energy Solutions and Management Inc. intended…
AC Energy Holding eyes retail energy business
AC Energy Holdings Inc. is dipping its foot in the retail energy business, initially targeting a 50-megawatt (MW) supply in the next three years in line with the full implementation of retail competition and open access (RCOA). The Ayala power investment arm has established itself as a retail electricity supplier (RES) after getting the necessary…
ERC seeks to settle row with Meralco over retail power supply scheme
THE Energy Regulatory Commission (ERC) has talked to Manila Electric Co. (Meralco) to try to settle their differing views on the rules covering retail competition and open access (RCOA), some parts of which are on hold after the distribution utility sought and obtained a court injunction. An ERC official said the initial talks did not result…
28 more for contestable power scheme — PEMC
TWENTY-eight electricity consumers using at least 750 kilowatts (kW) have been added to the list of contestable customers, or those who are required to source power from licensed retail electricity suppliers (RES), the Philippine Electricity Market Corp. (PEMC) said on Thursday. As of June 25, 2016, PEMC said 400 customers have participated as contestable customers,…
Winnergy Holdings Corp. 