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 Sets P11/kWh Cap for Offshore Wind Auction The Energy Regulatory Commission (ERC) has set a ₱11/kWh price cap for offshore wind projects under the 5th round of the Green Energy Auction Program, factoring in additional costs such as port rentals, inflation, and foreign exchange. Read more here: https://bit.ly/4kXXN6n DOE to Launch Auction for Coal Areas on February 27 The Department of Energy (DOE) will open a competitive bidding round on February 27 for three coal areas covering 18 blocks as part of efforts to strengthen energy security and ensure transparent rules-based development of indigenous coal resources. Read more here: https://bit.ly/4qUg9X4 Mabuhay Energy, #YourPartnerForGrowth