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: 𝐏𝐨𝐰𝐞𝐫 𝐫𝐞𝐬𝐞𝐫𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐛𝐚𝐜𝐤 𝐢𝐧 𝐟𝐮𝐥𝐥 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 The Energy Regulatory Commission (ERC) has ordered the lifting of the suspension in the billing and settlement of the price determination methodology (PDM) in the co-optimized energy and reserve in the wholesale electricity spot market (WESM). The ERC ordered the suspension of billing and settlement at the reserve market in March, two months after its full commercialization, following significant price increases in reserve costs during the month compared to February. READ MORE: https://www.philstar.com/business/2024/08/01/2374434/power-reserve-market-back-full-operations 𝐓𝐚𝐠𝐮𝐢𝐠 𝐜𝐨𝐮𝐫𝐭 𝐢𝐬𝐬𝐮𝐞𝐬 𝐓𝐑𝐎 𝐯𝐬 𝐌𝐞𝐫𝐚𝐥𝐜𝐨’𝐬 𝐩𝐨𝐰𝐞𝐫 𝐬𝐮𝐩𝐩𝐥𝐲 𝐛𝐢𝐝𝐝𝐢𝐧𝐠 In a five-page Order promulgated on July 31, 2024, Executive Judge Byron G. San Pedro of Taguig City Regional Trial Court (RTC), Branch 15-FC, granted the petition of the members of the consortium operating the Malampaya gas field for the immediate issuance of the 72-hour temporary restraining order (TRO) against Meralco’s conduct of competitive selection process for its 600 MW and 400 MW power supply requirements after finding merits to the verified complaint by the plaintiffs. READ MORE: https://business.inquirer.net/472355/taguig-court-issues-tro-vs-meralcos-power-supply-bidding Image sources: Daily Guardian, 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! 🔌