Stay informed on the latest happenings and headlines in the Philippine power industry with…
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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: 𝐃𝐎𝐄 𝐃𝐞𝐟𝐞𝐧𝐝𝐬 𝐂𝐚𝐧𝐜𝐞𝐥𝐥𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝟏𝟎𝟓 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐬 The Department of Energy (DOE) defended its move to cancel 105 non-performing and delayed renewable energy service contracts amid concerns it would hurt investor sentiment. The DOE said majority of these contracts were awarded in 2017 and 2019, and the common reasons for project delays included failure to secure possessory rights or system impact studies (SIS), indicating an inability to connect to the grid. READ MORE: https://manilastandard.net/business/314544768/doe-defends-cancellation-of-105-re-service-contracts.html 𝐒𝐮𝐩𝐫𝐞𝐦𝐞 𝐂𝐨𝐮𝐫𝐭 𝐀𝐟𝐟𝐢𝐫𝐦𝐬 𝐄𝐑𝐂 𝐎𝐯𝐞𝐫𝐬𝐢𝐠𝐡𝐭 𝐨𝐧 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜𝐢𝐭𝐲 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐒𝐮𝐩𝐩𝐥𝐲 The Supreme Court (SC) has upheld some provisions of the Electric Power Industry Reform Act (EPIRA), stating that electricity generation and supply are subject to the regulation of the Energy Regulatory Commission (ERC) despite not being public utility operations. READ MORE: https://www.gmanetwork.com/news/topstories/nation/932184/electricity-generation-supply-subject-to-erc-regulation-sc/story/ Image Sources: Business Inquirer, Supreme Court Official Website 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
