President Rodrigo Duterte on Wednesday vowed to boost economic growth by opening up the telecommunications and energy sectors to new players. “The only way to make this country more faster to benefit the poor is really to open up the communications, the airwaves and the entire energy sector. My decision now is bubuksan ko ang…
Tag: supply
PEMC receives 20 contestable market applications
THE PHILIPPINE Electricity Market Corp. (PEMC) has received 20 applications from electricity end-users consuming 750kwh who wish to become “contestable consumers” and have the option to choose their retail electricity supplier (RES), the company said on Tuesday. This comes as the ERC has finally issued the dates during which contestable consumers are required to buy their electricity…
Meralco seeks to invalidate RCOA resolutions
Meralco has asked the courts to rule whether the rules issued by ERC to implement retail competition and open access (RCOA) in the Philippine electric power industry is valid. The country’s largest distribution utility was referring to the “contradiction” of the ERC resolutions and a DOE circular with Republic Act No. 9136, or the Electric Power Industry Reform…