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Regulator sets wind auction cap
Manila Bulletin
|December 15, 2025
The Energy Regulatory Commission (ERC) has approved a reserve price for the Department of Energy’s (DOE) offshore wind auction, despite the tight holiday schedule.
In a briefing, Sharon Montañer, ERC Director for Market Operations, said that the tentative Green Energy Auction Reserve (GEAR) price for fixed-bottom offshore wind projects is set at P10.3859 per kilowatt-hour (kWh).
Montañer said this price will serve as the baseline for bidding in the fifth round of the Green Energy Auction (GEA-5) program.
This story is from the December 15, 2025 edition of Manila Bulletin.
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