NGCP moves to cut costs of ancillary services
By Amy R. RemoNational Grid Corp. of the Philippines, operator of the country’s electricity superhighway, aims to bring down the cost of ancillary services by as much as 40 percent.
National Grid Corp. of the Philippines, operator of the country’s electricity superhighway, aims to bring down the cost of ancillary services by as much as 40 percent.
The Energy Regulatory Commission has released the draft rules that will ensure the smooth implementation of the open access and retail competition scheme during the so-called “transition period.”
Manila Electric Co., the country’s biggest power distributor, expects electricity supply to be “fairly tight” in two to three years’ time should the growth in demand, as seen last month, continue for a prolonged period.
Energy Secretary Jose Rene D. Almendras has assured power-generation companies that the implementation of the open access and retail competition scheme would push through by the third quarter of 2012 as he expected the government to complete all the necessary requirements by then.
Although the power situation in Mindanao appears to be normal, the situation on the island remains precarious, as the energy grid continues to hold “thin reserves,” according to the National Grid Corp. of the Philippines (NGCP). This means that any simultaneous emergency shutdowns, as what happened last week, may again result in rotating brownouts in [...]
Local and foreign firms are looking to jointly offer a text message-based system for electric cooperatives and distribution utilities that will implement the planned prepaid electricity scheme.
