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: 𝐄𝐑𝐂 𝐒𝐞𝐭𝐬 𝐏𝟏𝟏/𝐤𝐖𝐡 𝐂𝐚𝐩 𝐟𝐨𝐫 𝐎𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐖𝐢𝐧𝐝 𝐀𝐮𝐜𝐭𝐢𝐨𝐧 The Energy Regulatory Commission (ERC) has set a ₱11/kWh price cap for offshore wind projects under the 5th round of the Green Energy Auction Program, factoring in additional costs such as port rentals, inflation, and foreign exchange. Read more here: https://bit.ly/4kXXN6n 𝐃𝐎𝐄 𝐭𝐨 𝐋𝐚𝐮𝐧𝐜𝐡 𝐀𝐮𝐜𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐂𝐨𝐚𝐥 𝐀𝐫𝐞𝐚𝐬 𝐨𝐧 𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟐𝟕 The Department of Energy (DOE) will open a competitive bidding round on February 27 for three coal areas covering 18 blocks as part of efforts to strengthen energy security and ensure transparent rules-based development of indigenous coal resources. Read more here: https://bit.ly/4qUg9X4 Mabuhay Energy, #YourPartnerForGrowth