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: 𝐄𝐑𝐂 𝐧𝐨𝐭 𝐚𝐦𝐞𝐧𝐚𝐛𝐥𝐞 𝐨𝐧 𝐫𝐞𝐦𝐨𝐯𝐢𝐧𝐠 𝐜𝐚𝐩𝐬 𝐟𝐨𝐫 𝐩𝐥𝐚𝐧𝐭 𝐬𝐡𝐮𝐭𝐝𝐨𝐰𝐧𝐬 The Energy Regulatory Commission (ERC) is not inclined to remove the caps for the days allowed for maintenance shutdowns and even for the ‘forced outages’ of power plants across technologies. ERC said that they only needed to pin down the fitting parameters that would be applied in setting the restrictions, but completely discarding the restrictions is not viable. READ MORE: https://mb.com.ph/2024/4/1/erc-not-amenable-on-removing-caps-for-plant-shutdowns 𝐃𝐎𝐄 𝐅𝐨𝐜𝐮𝐬: 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐚 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦 𝐟𝐨𝐫 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐢𝐧𝐠 𝐂𝐨𝐬𝐭 𝐨𝐟 𝐀𝐧𝐜𝐢𝐥𝐥𝐚𝐫𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 The Department of Energy (DOE) is soliciting comments from industry stakeholders for a draft circular on a mechanism that aims to provide transparency and fair cost recovery to the power industry participants on the utilization of ancillary service (AS). This mechanism, dubbed causer pays mechanism (CPM), will establish the accountability of the market participants that cause the need for AS. READ MORE: https://businessmirror.com.ph/2024/04/05/doe-keen-on-mechanism-for-recovering-cost-of-as/ Image sources: Inquirer Business, BusinessMirror 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! 🔌