𝐋𝐀𝐓𝐄𝐒𝐓 𝐎𝐍 𝐏𝐎𝐖𝐄𝐑⚡ 𝐄𝐑𝐂 𝐋𝐞𝐭𝐬 𝐍𝐨𝐧-𝐍𝐆𝐂𝐏 𝐅𝐢𝐫𝐦𝐬 𝐁𝐮𝐢𝐥𝐝 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬 The Energy Regulatory Commission (ERC) has issued new rules allowing qualified entities other than the National Grid Corporation of the Philippines (NGCP) to finance and construct designated transmission projects, with the aim of accelerating the completion of critical grid infrastructure. The framework is expected to ease transmission bottlenecks, facilitate the integration of new and renewable energy projects, and improve the delivery of additional power supply to consumers. Read more here: https://business.inquirer.net/596111/erc-lets-non-ngcp-firms-build-transmission-projects 𝐆𝐄𝐀-𝐀𝐥𝐥 𝐒𝐮𝐬𝐩𝐞𝐧𝐬𝐢𝐨𝐧 𝐄𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐟𝐨𝐫 𝐓𝐰𝐨 𝐌𝐨𝐫𝐞 𝐌𝐨𝐧𝐭𝐡𝐬 The Energy Regulatory Commission (ERC) has approved the extension of the suspension of the Green Energy Auction Allowance (GEA-All) collection for the July and August billing periods to help mitigate the impact of high electricity costs on consumers. The temporary suspension of the ₱0.37/kWh charge, which funds renewable energy projects under the government’s Green Energy Auction Program, is intended to provide short-term relief while continuing to support long-term investments in the renewable energy sector. Read more here: https://business.inquirer.net/595895/gea-all-suspension-extended-for-two-more-months Stay informed on the latest happenings and headlines in the Philippine power industry with Mabuhay Energy’s Weekly News Spotlight! Mabuhay Energy, #yourpartnerforgrowth