Friday, November 17, 2017

Lawmaker slams ERC delay in PSA approvals



By Jovee Marie de la Cruz - November 16, 2017

The minority leader of the House of Representatives on Thursday questioned the Energy Regulatory Commission (ERC) for the “suspicious” delay in the approval of  contracts of power-supply generators.
Rep. Danilo E. Suarez of the Third District of Quezon, in a news statement, said the country might lose the opportunity to address the alarming thinning power reserve due to the delays in the approval of contracts of power-supply generators.
“The ERC must fast-track the approval of the application for a power plant that would help generate much-needed baseload in the country,” he said.
In a separate radio interview, Suarez noted that the National Grid Corp. of the Philippines  has recently issued five yellow alerts, a situation when reserve power falls below the required level.
“In fact, I find it puzzling why the ERC has not yet approved contracts of power-supply generators, even if it has already taken them at least five years to study their applications,” he added.
The lawmaker said the ERC was established under the Electric Power Industry Reform Act (Epira) as an independent, quasi-judicial regulatory body.
“The commission’s job is to promote competition, encourage market development, ensure customer choice and penalize abuse of market power in the electricity industry. Unfortunately, it failed to fulfill its mandate; and it has been merely duplicating the functions of the Department of Energy,” Suarez added.
Meanwhile, Suarez asked the ERC to explain the delays in the approval of the power-supply agreements (PSAs) of Atimonan One, a proposed coal-fired power plant in Atimonan, Quezon.
He said the Atimonan One submitted the application in 2012 as 1 of the 7 PSAs entered into with Manila Electric Co. (Meralco), but still being evaluated by the ERC.
“Construction of new coal-fired power plants is necessary because the existing coal-fired power plants are outdated and insufficient, rendering them vulnerable to transmission failures,” Suarez said.
“Power plants are not off-the-shelf items: It takes seven to eight years to construct these before they become fully operational,” he added.
Earlier, Meralco told lawmakers in a hearing that there were actually more than 90 PSAs that were filed by different distribution utilities and electric cooperatives following the ERC Resolution restating the effectivity of the competitive selection process. However, some of these PSAs are being questioned by lawmakers.
The Meralco’s PSA at ERC include PSAs on the construction of coal-fired power plants with the following: Redondo Peninsula Energy Inc. (225 megawatts [MW]; Atimonan One Energy Inc. (1,200 MW); Saint Raphael Power Generation Corp. (400 MW); Central Luzon Premiere Power Corp. (528 MW); Mariveles Power Generation Corp. (528 MW); Panay Energy Development Corp. (70 MW); and Global Luzon Energy Development Corp.  (600 MW).
“We are hopeful that the ERC can approve at least 3 out of the 4 PSAs before the year ends. Should these PSAs do not materialize, I will ask the leadership of the House to give it a zero budget early next year,” Suarez said.

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