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ERC races to set OSW price
Manila Bulletin
|December 4, 2025
The Energy Regulatory Commission (ERC) is racing against a tight deadline to finalize the financial model for the fifth Green Energy Auction (GEA-5), the Philippines’ first competitive tender solely for offshore wind (OSW) projects.
The challenge: completing the work, which will set the maximum price for the OSW bidding, within a 30-day deadline that runs straight through the Christmas holiday season. The deadline follows the Department of Energy’s (DOE) recent release of the auction’s terms of reference (TOR).
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