Overhaul of power bidding guidelines in the works
newscatcher
2023-04-09 20:30
Overhaul of power bidding guidelines in the works
The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) are set to release new guidelines on the competitive selection process (CSP) for the country's power sector to protect consumers from sudden increases in power rates and power interruptions due to canceled supply deals. In a recent forum, Energy Undersecretary Rowena Guevara said the two power regulators were reviewing the CSP and that they would start public consultations this week. The new CSP policy is set to be released in May, according to the ERC.

https://business.inquirer.net/395103/overhaul-of-power-bidding-guidelines-in-the-works

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