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: 𝐌𝐚𝐫𝐜𝐨𝐬 𝐜𝐚𝐥𝐥𝐬 𝐨𝐧 𝐂𝐨𝐧𝐠𝐫𝐞𝐬𝐬 𝐭𝐨 𝐫𝐞𝐯𝐢𝐞𝐰 𝐄𝐏𝐈𝐑𝐀 President Ferdinand "Bongbong" Marcos Jr. on Monday urged Congress to determine if there is a need to amend the Arroyo-era Electric Power Industry Reform Act (EPIRA). In his third State of the Nation Address, Marcos said the government is studying whether or not the EPIRA still caters to the needs of consumers when it comes to having cheaper power rates in Mindanao, focusing on off-grid areas and areas within the grid experiencing insufficient power. READ MORE: https://www.gmanetwork.com/news/topstories/nation/914264/marcos-calls-on-congress-to-review-epira/story/ 𝐄𝐑𝐂 𝐭𝐨 𝐞𝐧𝐟𝐨𝐫𝐜𝐞 𝐩𝐞𝐧𝐚𝐥𝐭𝐢𝐞𝐬 𝐨𝐧 𝐍𝐆𝐂𝐏 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 𝐝𝐞𝐥𝐚𝐲𝐬, 𝐩𝐥𝐚𝐧𝐭 𝐨𝐮𝐭𝐚𝐠𝐞𝐬 The Energy Regulatory Commission (ERC) is anticipated to render decisions that will enforce penalties on the ‘unjustified’ transmission project delays of the National Grid Corporation of the Philippines (NGCP) as well as the indefensible forced outages of power plants during the summer months. On the forced outages of plants which distressed Luzon and Visayas grids with recurring yellow and red alerts within the stretch of the summer period, the ERC indicated that at least 37 generation companies (GenCos) were found to have breached the allowable outages for their generating units. READ MORE: https://mb.com.ph/2024/7/24/erc-to-enforce-penalties-on-ngcp-project-delays-plant-outages Image sources: Power Philippines, Inquirer Business 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 and schedule your free consultation to begin your energy savings journey! 🔌