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‘Issuance of green energy auction price caps a priority’
The Philippine Star
|October 14, 2024
The Energy Regulatory Commission (ERC) should finalize the pricing mechanisms for the third round of the green energy auction (GEA) program so it can move forward this year, a lawmaker said.
“That is one of the priorities I think we need to do, because in everything, the goal is to make the shift to renewables, and this is directly related to that,” Sen. Pia Cayetano said at a recent budget hearing.
For GEA-3, the Department of Energy (DOE) is expected to offer impounding hydro, pumped-storage hydro, run-of-river hydro and geothermal contracts with a combined capacity of 4,399 megawatts (MW).
However, for the bidding round to proceed this year, the ERC must first determine the GEA reserve prices, or the maximum price offers that are used as the ceiling price in the auction.
Denne historien er fra October 14, 2024-utgaven av The Philippine Star.
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FLERE HISTORIER FRA The Philippine Star
The Philippine Star
DOF pledges tighter oversight, transparency
The Department of Finance (DOF) reaffirmed its commitment to transparency and fiscal discipline amid rising public concerns over alleged corruption and misuse of government funds, vowing to ensure that every peso collected is spent responsibly.
1 mins
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The Philippine Star
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1 min
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The Philippine Star
BBM to DPWH: Slash construction material costs by 50%
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2 mins
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The Philippine Star
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1 min
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The Philippine Star
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1 mins
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The Philippine Star
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3 mins
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The Philippine Star
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2 mins
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The Philippine Star
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3 mins
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The Philippine Star
Palace sees Christmas jailing of flood control suspects 'doable'
Placing the alleged perpetrators of the flood control anomalies behind bars by December or before Christmas is doable, Malacañang said yesterday, even as it maintained that rushing the filing of cases could lead to dismissals and finger pointing.
2 mins
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The Philippine Star
Kanlaon erupts anew; ashfall hits barangays
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2 mins
October 26, 2025
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