Stay informed on 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 regulatory sector that are shaping the energy landscape: Spotlight: Full Commercial Operations of RE Market Targeted for December 26 The Department of Energy (DOE) announced that the Renewable Energy Market (REM) will begin full commercial operations on December 26. The REM includes mandatory and voluntary trading participants and generators. Established under Republic Act No. 9513 (Renewable Energy Act of 2008), the REM facilitates the trading of Renewable Energy Certificates (RECs), each representing 1 MWh of renewable energy, in compliance with the Renewable Portfolio Standards (RPS) Rules. READ MORE: https://www.bworldonline.com/economy/2024/12/10/640709/full-commercial-operations-of-re-market-targeted-for-dec-26/#google_vignette ERC Approves P2.6 Billion Capas Substation Project The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) P2.585 Billion Capas 230 kV substation project to connect New Clark City (NCC) to the grid. The project addresses anticipated load growth in Capas, benefiting NCC’s distribution utility, Shin Clark Power Corp., Tarlac Electric Cooperatives I and II (TARELCO I & II), and Tarlac Electric Inc. (TEI). READ MORE: https://mb.com.ph/2024/12/10/erc-approves-p2-6-billion-capas-substation-project Image Sources: BusinessWorld, PhilStar Want to stay updated on the headlines in the Philippine power industry? Subscribe to our weekly newsletter today! Connect with our energy professionals by emailing us at info@mabuhayenergy.com. Mabuhay Energy, #YourPartnerForGrowth #MECORegulatoryNews #PoweIndustryHighlights #RetailElectricitySupplier