(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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