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: 𝐄𝐑𝐂 𝐒𝐮𝐬𝐩𝐞𝐧𝐝𝐬 𝐏𝐨𝐰𝐞𝐫 𝐒𝐩𝐨𝐭 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐌𝐨𝐝𝐢𝐟𝐢𝐞𝐬 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦 The Energy Regulatory Commission (ERC) has ordered the nationwide suspension of the Wholesale Electricity Spot Market (WESM) following the declaration of a national energy emergency due to global fuel supply disruptions and volatile electricity prices. Read more here: https://www.pna.gov.ph/articles/1271815 𝐄𝐑𝐂 𝐀𝐥𝐥𝐨𝐰𝐬 𝐒𝐭𝐚𝐠𝐠𝐞𝐫𝐞𝐝 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐨𝐟 𝐏𝐨𝐰𝐞𝐫 𝐂𝐨𝐬𝐭 𝐒𝐩𝐢𝐤𝐞𝐬 The ERC has ordered distribution utilities to spread sharp increases in generation charges across multiple billing cycles instead of passing them through in a single month, particularly when increases exceed P1/kWh. Read more here: https://sl1nk.com/5pktdq8 Mabuhay Energy, #YourPartnerForGrowth
