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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

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

Del Rosario warns Duterte over ignoring arbitral ruling in joint exploration with China

MANILA, Philippines – Former foreign secretary Albert del Rosario cautioned President Rodrigo Duterte against "ignoring" the 2016 Hague ruling in order to push through with joint oil and gas development with China, emphasizing there is a way to conduct the venture without compromising the hard-won victory. "To come up with an economic ........»»

Category: newsSource:  rapplerRelated NewsSep 11th, 2019

Britain s Johnson vows to fight on despite Brexit blows

LONDON, United Kingdom – The British government insisted Sunday, September 8, that Boris Johnson would fight on as prime minister despite seeing a top cabinet ally quit and his do-or-die Brexit strategy blocked by parliament. Johnson rose to power 6 weeks ago by injecting his trademark optimism into a ruling Conservative ........»»

Category: newsSource:  rapplerRelated NewsSep 8th, 2019

Cut power cable disrupts MRT-3 operations

Operations of the Metro Rail Transit (MRT) Line 3 have been suspended Friday morning due to a power supply shortage......»»

Category: newsSource:  philstarRelated NewsSep 6th, 2019

GenCos urged to offer least cost in Meralco supply tendering Manila Bulletin Business

GenCos urged to offer 'least cost' in Meralco supply tendering Manila Bulletin With several power supply agreements (PSAs) expiring this year, power utility giant Manila Electric Company (Mer.....»»

Category: newsSource:  manilanewsRelated NewsJul 20th, 2019

Depensa ng Meralco kontra-kompetensiya — Bayan Muna

HINIKAYAT nina Bayan Muna chairman Neri Colmenares at Rep. Carlos Isagani Zarate ang mga opisyal ng Manila Electric Company (Meralco) na muling basahin ang resulta ng imbestigasyon na nau­nang isinagawa bilang ‘offshoot’  sa tangkang pag-korner ng Meralco  sa ‘subsidiaries’ at affiliates power supply agreements (PSAs) na ang mga tuntunin ay pabigat para sa mga konsyumer. ........»»

Category: filipinoSource:  hatawtabloidRelated NewsJul 20th, 2019

Cognitive Dissonance, False Dichotomies, and the West Philippine Sea

Over the past few days, a lot has been said regarding the 3rd anniversary of the Hague ruling favoring the Philippines in its stance against China on the West Philippine Sea dispute. Three years ago, it was a highly celebrated victory headed by former Philippine Foreign Affairs Secretary Albert Del Rosario and then Supreme Court Associate Justice Antonio Carpio. The ruling was considered by many as a marquee case that reinforced the salience of international law as a diplomatic equalizer between state actors; primarily pitting a small island state against an international power and eventually winning versus a seemingly “formidable” adversary. Nonetheless, it was the poster child for the efficacy of non-lethal avenues in settling conflicts between nation-states......»»

Category: newsSource:  bworldonlineRelated NewsJul 16th, 2019

Sudan generals, protesters in landmark agreement on new governing body

KHARTOUM, Sudan – Sudan's ruling generals and protest leaders reached an agreement on the disputed issue of a new governing body Friday, July 5, in a breakthrough power sharing accord aimed at ending the country's months-long political crisis. The landmark agreement came after two days of talks following the collapse of ........»»

Category: newsSource:  rapplerRelated NewsJul 5th, 2019

7 killed as mass demonstrations hit Sudan

KHARTOUM, Sudan – Seven people were killed Sunday, June 30, as tens of thousands of protesters took to the streets to demand civilian rule in the first mass rally  since a bloody crackdown on demonstrators – a show of street power despite heavy troop deployments by the ruling generals. Police fired tear ........»»

Category: newsSource:  rapplerRelated NewsJul 1st, 2019

SMC warns of rotating blackouts, water crisis

Diversified conglomerate San Miguel Corp., the country’s biggest power producer, has warned of regular rotating blackouts in Luzon due to the “regulatory inertia” that has prevented the construction of new power plants......»»

Category: financeSource:  philstarRelated NewsJun 10th, 2019

Mature

The Supreme Court’s recent ruling requiring all power supply agreements submitted by the distribution utilities (DUs) to the ERC to undergo a competitive selection process will probably bring us very close to an energy crisis......»»

Category: newsSource:  philstarRelated NewsMay 29th, 2019

DoE to Meralco: Put PSAs under bidding

BATANGAS CITY, Batangas: ENERGY Secretary Alfonso Cusi on Tuesday urged the Manila Electric Co. (Meralco) to subject its power-supply agreements (PSA) to competitive bidding after the country’s highest court recently…READ The post DoE to Meralco: Put PSAs under bidding appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 29th, 2019

SMC Global set to appeal court ruling on power supply bidding

SMC Global set to appeal court ruling on power supply bidding.....»»

Category: financeSource:  thestandardRelated NewsMay 24th, 2019

Competitive bidding for PSAs starts

Power distribution utilities (DUs) should start undertaking competitive bidding for the power supply agreements (PSAs) affected by the Supreme Court decision, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsMay 22nd, 2019