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: Spotlight: 𝐄𝐑𝐂: 𝐄𝐏𝐈𝐑𝐀 𝐀𝐦𝐞𝐧𝐝𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐮𝐥𝐝 𝐁𝐫𝐢𝐧𝐠 𝐃𝐨𝐰𝐧 𝐏𝐨𝐰𝐞𝐫 𝐂𝐨𝐬𝐭𝐬 President Ferdinand R. Marcos Jr. instructed Congress to review the Electric Power Industry Reform Act (EPIRA) passed in 2001 and amend outdated policies to align with current industry needs. Energy Regulatory Commission (ERC) Chairperson and CEO Monalisa Dimalanta emphasized the importance of restructuring the ERC itself, saying its current setup no longer matches the demands of the evolving power sector. Dimalanta added that the current structure of the commission needs to catch up with the speedy developments in the energy sector, as it is not capable of handling numerous stakeholders. READ MORE: https://www.philstar.com/business/2024/12/02/2404314/erc-epira-amendments-could-bring-down-power-costs 𝐃𝐎𝐄 𝐏𝐨𝐬𝐭𝐩𝐨𝐧𝐞𝐬 𝐓𝐡𝐢𝐫𝐝 𝐆𝐫𝐞𝐞𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐀𝐮𝐜𝐭𝐢𝐨𝐧 𝐭𝐨 𝟐𝟎𝟐𝟓 The Department of Energy (DOE) has rescheduled the third round of the Green Energy Auction (GEA-3) to January 2025, citing the need for a finalized pricing mechanism to guide the bidding process. The DOE initially planned to hold the auction before the end of 2024 but opted to delay it to ensure clarity in pricing parameters for various renewable energy technologies. READ MORE: https://dailyguardian.com.ph/doe-postpones-third-green-energy-auction-to-2025/ Image Sources: PhilStar, Malaya Business Insight Want to stay updated on the headlines in the Philippine power industry? Subscribe to our weekly newsletter today! Connect with our energy professionals by emailing us at info@mabuhayenergy.com. Mabuhay Energy, #YourPartnerForGrowth