THE Energy Regulatory Commission (ERC) said it has yet to determine the bid price for run-of-river hydro, an energy technology which will be offered during the third green energy auction (GEA-3) round next year.

MANILA, Philippines — The Energy Regulatory Commission (ERC) has moved back the issuance of the ceiling price for run-of-river (ROR) hydro, which will be included in the third round of the green energy auction program (GEAP).

MANILA Electric Co. (Meralco) expects to exceed its sales growth target this year, driven by the residential and commercial segments, according to a high-ranking official.

MANILA, Philippines — First Gen Corp. of the Lopez Group has expanded its power supply deal with Far Eastern University (FEU) to include the latter’s campuses in Manila and Muntinlupa.

MANILA, Philippines — Nido Petroleum Philippines Pty. Ltd. is spending $18.4 million for its planned oil and gas production project in Service Contract (SC) 54 in offshore northwest Palawan.

THE National Grid Corporation of the Philippines (NGCP) and the Energy Regulatory Commission (ERC) came under scrutiny as the House Committee on Legislative Franchises investigated franchise compliance, project delays and practices burdening consumers.

MANILA – The Energy Regulatory Commission (ERC) has imposed a PHP15.8-million penalty on the National Grid Corp. of the Philippines (NGCP) for delays in the completion of 34 power transmission projects.

THE Energy Regulatory Commission (ERC) has set the ceiling price for the power reserve market at P25 per kilowatt-hour (kWh), subject to review every five years.

The Energy Regulatory Commission (ERC) chief admitted before congressmen on Monday, Dec. 23 the lack of updated rules following the agency’s failure to approve system operator National Grid Corporation of the Philippines’ (NGCP) fourth regulatory reset application on time.

National Electrification Administration (NEA) Administrator Antonio Almeda has clarified that he never meant to blame the National Grid Corporation of the Philippines (NGCP) for the power woes on Siargao Island.