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ERC warns of power shortage with SC ruling on PSAs

The Energy Regulatory Commission (ERC) warned of dire implications for the power industry if the Supreme Court decision requiring competitive bidding for all power supply agreements (PSAs) is implemented......»»

Category: financeSource: philstar philstarMay 10th, 2019

New Congress to look into power shortage

THE next Congress will look into warnings of a power shortage caused by the Supreme Court ruling requiring distribution utilities to implement a competitive selection process for their power supply agreements (PSA), a senator overseeing the chamber’s energy committee said......»»

Category: financeSource:  bworldonlineRelated NewsJun 19th, 2019

DOE to release list of power deals covered by SC ruling

The Department of Energy is coming out with a list of power supply agreements (PSAs) affected by the Supreme Court decision that requires all power distributors to conduct competitive bidding for power deals......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2019

ERC prepares legal strategies after SC ruling on power supply deals

The Energy Regulatory Commission (ERC) is preparing “legal strategies” in response to the Supreme Court decision requiring all power supply agreements (PSAs) forged after June 30, 2015 to undergo a competitive selection process (CSP) to arrive at the least-cost power for consumers, its chairman said......»»

Category: financeSource:  bworldonlineRelated NewsMay 10th, 2019

Solon lauds SC ruling on PSAs

A senator on Tuesday welcomed the Supreme Court’s (SC) decision ordering the Energy Regulatory Commission (ERC) and companies to subject their power supply agreements (PSAs) to the mandated competitive selection process (CSP). “The…READ The post Solon lauds SC ruling on PSAs appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 7th, 2019

ERC tackles SC ruling on supply deals with power stakeholders

The Energy Regulatory Commission (ERC) will undertake measures, including meetings with the Department of Energy (DOE) and affected power players following the Supreme Court (SC) decision requiring competitive bidding to secure power supply agreements (PSAs)......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2019

Consumer group backs Meralco PSAs

Consumer group Laban Konsyumer Inc. lauded the recent announcement of power rate decrease by Manila Electric Co., as rates dropped in February by 59 centavos per kilowatt-hour, making it the lowest in two years. .....»»

Category: financeSource:  thestandardRelated NewsFeb 12th, 2020

ERC to issue ruling on 6 Meralco deals

The Energy Regulatory Commission is set to issue a decision on pending power supply agreements, including six proposals of Manila Electric Co. involving 1,700 megawatts of capacity......»»

Category: financeSource:  thestandardRelated NewsFeb 4th, 2020

Mababang singil sa kuryente ngayong Enero, kasado na – Meralco

Manila, Philippines – Magkakaroon ng mababang singil ngayong unang buwan sa pagpasok ng bagong taon makalipas ang tatlong buwang pagtataas nito. Sa pahayag ng Meralco, mababawasan ng 41 centavos per kilowatt-hour ang singil sa kuryente. Ang naturang pagbababa ng presyo ay dahil umano sa pagmumura ng kuryente sa Power Supply Agreements (PSAs) ng Meralco. “Lower […] The post Mababang singil sa kuryente ngayong Enero, kasado na – Meralco appeared first on REMATE ONLINE......»»

Category: newsSource:  remateRelated NewsJan 8th, 2020

DOE to issue policy on power reserves

The Department of Energy is set to issue a policy that will put more certainty on securing power reserves to avoid power shortage during tight supply......»»

Category: newsSource:  philstarRelated NewsDec 25th, 2019

MGA ENVIRONMENTALIST KUNO

Kamakailan ay nag-ingay muli itong mga clean-energy environment at consumer groups para pwersahin ang Energy Regulatory Commission (ERC) na huwag aprubahan ang power-supply agreements (PSAs) ng Manila Electric Company. Ang kadahilanan ay ang mga plantang nasa PSA na ito ay hindi environment-friendly raw. Suma-tutal ay sumugod ang ‘Power for People Coalition’ (P4P) sa tanggapan ng […] The post MGA ENVIRONMENTALIST KUNO appeared first on REMATE ONLINE......»»

Category: newsSource:  remateRelated NewsDec 16th, 2019

China can shut off the Philippines power grid at will, report warns Statement

China can shut off the Philippines power grid at will, report warns Sky Statement.....»»

Category: newsSource:  manilanewsRelated NewsNov 27th, 2019

China can shut off the Philippines power grid at any time, leaked report warns

The Philippines' power grid is under the full control of the Chinese government and could be shut off in time of conflict, according to an internal report prepared for lawmakers seen by CNN......»»

Category: newsSource:  manilanewsRelated NewsNov 26th, 2019

Snowden warns of Web giants irresistible power

LISBON, Portugal – Technology has given internet giants "irresistible power" when they work in concert with governments, whistleblower Ed Snowden told the Web Summit that opened in Lisbon on Monday. "When we see government and corporations working in concert... they become the left and right hands of the ........»»

Category: newsSource:  rapplerRelated NewsNov 5th, 2019

Meralco seeks ERC nod for power supply deals

MANILA Electric Co. (Meralco) is seeking the approval of the Energy Regulatory Commission (ERC) for the power-supply agreements (PSAs) it signed with San Miguel Energy Corp. (SMEC), First Gen Hydro Power Corp. (FGHPC), South Premiere Power Corp. (SPPC) and Phinma Energy Corp. in September. Meralco and these generation companies (gencos) jointly submitted their applications covering […].....»»

Category: newsSource:  manilatimes_netRelated NewsOct 31st, 2019

Young Taliban must be heard, says new United Nations youth envoy

KABUL, Afghanistan – Afghanistan's ruling elite and international power brokers must listen to the fast-growing youth population – including junior Taliban members – if the war is ever to end, the country's new youth delegate to the United Nations says. In a nation at war for 40 years and where two-thirds ........»»

Category: newsSource:  rapplerRelated NewsOct 29th, 2019

FPI lauds signing of new PSAs additional capacity to lower power generation charges

The Federation of Philippine Industries (FPI) recently lauded the successful Power Supply Agreements (PSA) signing for contracts to supply Meralco 1,200 MW and 500 MW of capacity effective December 26, 2019. FPI Chairman Jesus L. Arranza praised the signing of the additional contract capacity, saying “FPI welcomes the news of this much-needed additional power, to […].....»»

Category: financeSource:  bworldonlineRelated NewsOct 1st, 2019

DAR welcomes CA ruling on land acquisition

The Department of Agrarian Reform (DAR) welcomed the recent ruling of the Court of Appeals (CA) affirming the original and exclusive power of the department to process land acquisition and issuance of certificates of land ownership awards (CLOA)......»»

Category: newsSource:  philstarRelated NewsSep 21st, 2019

New era for power rates

A week ago, on Sept. 13, Meralco signed power supply agreements (PSAs) with Phinma Energy (now Ayala), San Miguel Energy, and South Premiere Power......»»

Category: financeSource:  philstarRelated NewsSep 20th, 2019

NEA forms team vs power shortage in Abra

State-run National Electrification Administration (NEA) has created another task force to avert power outage and improve the electricity service reliability to consumers by rehabilitating the power distribution system of Abra province......»»

Category: financeSource:  philstarRelated NewsSep 14th, 2019

Meralco inks 1,200 MW power supply deals

After conducting its first successful bidding, Manila Electric Co. (Meralco) signed power supply agreements (PSAs) with Phinma Energy Corp., San Miguel Energy Corp. and South Premiere Power Corp. (SPPC) to supply 1,200 megawatts (MW) for 10 years......»»

Category: financeSource:  philstarRelated NewsSep 13th, 2019