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: ERC Set to Review Rules for Setting Retail Power Rates The Energy Regulatory Commission (ERC) will review its policies on the ineligible recovery of generation costs from power supply agreements (PSAs) to ensure retail rates comply with the cost-recovery standards under EPIRA. Read more here: https://bit.ly/44cH480 DOE Purges Stalled Energy Contracts to Free Up 130 GW Capacity The Department of Energy (DOE) announced that it is actively cancelling underperforming renewable energy (RE) contracts to create room for new projects and encourage more investments. Read more here: https://bit.ly/4o0hf2b Mabuhay Energy, #YourPartnerForGrowth