By Danessa Rivera (The Philippine Star) | Updated January 4, 2016 -
12:00am
MANILA, Philippines - The Energy
Regulatory Commission (ERC) is reviewing new capacity and market share
limitations (MSL) for generation companies to ensure competitiveness in the
electric power industry.
The power regulator is coming up
with a new study for the updated capacity threshold, ERC chairman Jose Vicente
Salazar said.
The study is still ongoing. We are
discussing with PEMC (Philippine Electricity Market Corp.) and GMC (Grid
Management Committee),” he said.
PEMC is the operator of the
Wholesale Electricity Spot Market, while GMC gives advice on the country’s
power grid.
Salazar said PEMC and GMC would be
given until the third week of January to submit reports on the market share
limitations.
“We’re going to impose on the second
or third week of January a deadline for their reports so we can compare this
two decisions and determine how we’re going to move forward,” he said.
In December, PEMC had informed the
power regulator it already has a preliminary position. Meanwhile, GMC is in the
process of preparing a report.
Under RA 9136 or the Electric Power
Industry Reform Act of 2001 (EPIRA), the ERC is to set the MSL annually to
prevent a person, company, related group or independent power producer
administrator (IPPA), singly or in combination, to own, operate, or control
more than 30 percent of the IGC of a grid, and/or 25 percent of the national
IGC.
For 2015, the ERC updated the limit
to 3,917.32 megawatts from 3,612.42 MW as of March 2014 for the Luzon grid;
709.10 MW from 548.18 MW for the Visayas grid; and to 649.11 MW from 589.09 MW
for the Mindanao grid.
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