Stay informed of the latest happenings and headlines in the Philippine Power Industry with…
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Stay informed of the latest happenings and headlines in the Philippine Power Industry with Mabuhay Energy’s Weekly News Spotlight! This week, we're featuring key articles from the Power Industry’s Regulatory sector that are shaping the energy landscape: Spotlight: DOE bares new guidelines for renewable energy development The Department of Energy (DOE) has issued new guidelines simplifying the application process for renewable energy (RE) development to boost the country’s clean energy transition. Under the new guidelines, RE developers may now commence the processing of permits and the conduct of surveys and other feasibility activities before the official 25-year contract term starts. READ MORE: https://www.philstar.com/business/2024/06/15/2363072/doe-bares-new-guidelines-renewable-energy-development ERC delays billing based on WESM invoices for Luzon, Visayas The Energy Regulatory Commission (ERC) has ordered all distribution utilities (DUs) in the Luzon and Visayas grids to delay charging consumers preliminary generation charges. In a statement, ERC said on Tuesday, June 10, that DUs should wait until the release of the final statement (FS) by the Independent Electricity Market Operator of the Philippines (IEMOP). The ERC said this directive aims to ensure accurate billing for the amounts related to purchases from the Wholesale Electricity Spot Market (WESM). READ MORE: https://mb.com.ph/2024/6/11/erc-delays-wesm-billing-for-luzon-visayas-power-retailers Image sources: PhilStar Do you want to stay abreast of the headlines in the Philippine Power Industry? Subscribe to our weekly newsletter today! Talk to our energy professionals by sending an email to info@mabuhayenergy.com. Mabuhay Energy, Your Partner For Growth. Our roster of enthusiastic and experienced energy professionals is ready to make your electricity savings a reality! Visit mabuhayenergy.com or email us at sales@mabuhayenergy.com to begin your energy savings journey! 🔌
