“Despite the passage of the Renewable Energy Act of 2008, renewable electricity’s percentage within the power blend has now not extended from 34 percent in that year. In fact, it has even reduced to 29 percent as of 2016,” Arances said.
“About 70 percentage of power projects to go online in 2019 will be from coal. This means that by way of 2021, coal will supply at the least 50 percentage of our electricity wishes,” he brought.
On April 29, 2016, Meralco filed separate applications for approval of separate PSAs with the subsequent energy generation organizations: Redondo Peninsula Energy, Inc. (RPE) with 225-MW, Atimonan One Energy, Inc. (A1E) 1,two hundred-MW, St. Raphael Power Generation Corp. (SRPGC) four hundred-MW, Central Luzon Premiere Power Corp. (CLPPC) 528-MW, Mariveles Power Generation Corp. (MPGC) 528-MW, Panay Energy Devt. Corp. (PEDC) 70-MW, and Global Luzon Energy Devt. Corp. (GLEDC) six hundred-MW,
Butch Junia of the FDC, who filed a petition for intervention regarding the PSAs remaining June 13, talked about that Meralco’s middle of the night contracts have to be subjected to the aggressive choice technique (CSP) so that you can confirm if “it's far the quality and least fee supply for purchasers.”
“Conveniently for Meralco, ERC had previously reset the CSP’s effectivity date final yr from Nov 6, 2015 to April 30, 2016. This could exempt the PSAs from undergoing the obvious and public bidding ordained within the CSP,” Junia stated.
“Even with this, Meralco’s PSA programs were nonetheless overdue, as it became filed after workplace hours of April 29 2016, which became a Friday and the closing enterprise day of April. Thus, ERC should observe its own regulations and throw out the midnight contracts in order that a obvious and public bidding may take vicinity,” he added.
“About 70 percentage of power projects to go online in 2019 will be from coal. This means that by way of 2021, coal will supply at the least 50 percentage of our electricity wishes,” he brought.
On April 29, 2016, Meralco filed separate applications for approval of separate PSAs with the subsequent energy generation organizations: Redondo Peninsula Energy, Inc. (RPE) with 225-MW, Atimonan One Energy, Inc. (A1E) 1,two hundred-MW, St. Raphael Power Generation Corp. (SRPGC) four hundred-MW, Central Luzon Premiere Power Corp. (CLPPC) 528-MW, Mariveles Power Generation Corp. (MPGC) 528-MW, Panay Energy Devt. Corp. (PEDC) 70-MW, and Global Luzon Energy Devt. Corp. (GLEDC) six hundred-MW,
Butch Junia of the FDC, who filed a petition for intervention regarding the PSAs remaining June 13, talked about that Meralco’s middle of the night contracts have to be subjected to the aggressive choice technique (CSP) so that you can confirm if “it's far the quality and least fee supply for purchasers.”
“Conveniently for Meralco, ERC had previously reset the CSP’s effectivity date final yr from Nov 6, 2015 to April 30, 2016. This could exempt the PSAs from undergoing the obvious and public bidding ordained within the CSP,” Junia stated.
“Even with this, Meralco’s PSA programs were nonetheless overdue, as it became filed after workplace hours of April 29 2016, which became a Friday and the closing enterprise day of April. Thus, ERC should observe its own regulations and throw out the midnight contracts in order that a obvious and public bidding may take vicinity,” he added.