ERC OKs rules on electricity retail aggregation program | Lenie Lectura

24/06/2022 6:32:00 AM

The Energy Regulatory Commission (ERC) has approved the rules governing the aggregation of electricity requirements of end-users in the Competitive Retail Electricity Market (CREM).

The Energy Regulatory Commission (ERC) has approved the rules governing the aggregation of electricity requirements of end-users in the Competitive Retail Electricity Market (CREM).

The Energy Regulatory Commission (ERC) has approved the rules governing the aggregation of electricity requirements of end-users in the Competitive Retail Electricity Market (CREM). “We have just promulgated the Rules for the Electric Retail Aggregation Program which is another means of empowering consumers to exercise their freedom of choice,” ERC Chairperson…

0 The Energy Regulatory Commission (ERC) has approved the rules governing the aggregation of electricity requirements of end-users in the Competitive Retail Electricity Market (CREM).0 PXP Energy Corp.0 The Luzon grid is running low on power reserves for the third consecutive day.According to DepEd, the creation of new teaching levels will expand the promotion and increase the salaries of teachers.

“We have just promulgated the Rules for the Electric Retail Aggregation Program which is another means of empowering consumers to exercise their freedom of choice,” ERC Chairperson and CEO Agnes VST Devanadera said.At the same time, the ERC welcomed the pilot implementation of Retail Aggregation scheme in UP Diliman Campus during the signing of memorandum of understanding (MOU) between the University of the Philippines and the Manila Electric Co.PXP is the operator under Service Contract (SC) 75 and Forum Ltd.(Meralco).m to 11 a.“The ERC would like to thank the UP and Meralco for their initiative in making possible this pilot implementation.PXP President Daniel Stephen Carlos said during the company’s annual meeting that Forum plans to start this year the preparations for drilling programs for two onshore wells under SC 40-North Cebu.This pilot will help promote Retail Competition and Open Access.174 titled Establishing the Expanded Career Progression System for Public School Teachers,” the DepEd said on Friday.

“With their partnership, we hope that the electricity consumers will be more enlightened about the benefits of retail aggregation which ultimately is for the consumers to have the power to choose from among the electricity suppliers that offer better rates and better services,” Devanadera said.For SC 74, PXP had just commenced an independent technical evaluation and resource estimation of the Linapacan A&B discoveries.m.The Rules for the Retail Aggregation Program seeks to establish standardized rules and procedures governing the aggregation of electricity requirements of end-users in the CREM.It will also prescribe and clarify the requirements, conditions, eligibility, qualifications and disqualifications of participants in the Electric Retail Aggregation Program, the agency added.PXP currently has two pending SC applications with the Department of Energy (DOE).As of April 2022, a total of 1,897 contestable customers with total demand of 3,924.These are the 460-megawatt (MW) Quezon Power Phils.53 megawatts are enjoying lower rates in the retail market, with a weighted average generation rate of P4.“Once awarded, the company plans to acquire 2D seismic data along with marine gravity and magnetic data,” said the PXP official.—Joviland Rita/KBK, GMA News.

05/kWh.The said program is a scheme wherein two or more end-users or all end-users within a contiguous area joined together and are treated as a single contestable customer, based on the current threshold demand prescribed under the rules, wherein such contestable customer shall be part of the contestable market, and enjoy the benefits enjoyed in the Retail Competition and Open Access.Carlos said the reprocessing of the 3D seismic data will be the initial work program upon the award of the contract.’s units 1, 3 and 4 (200 MW); GNPower Mariveles Energy Center Ltd.The retail aggregation rules shall apply to end-users; Retail Electricity Suppliers, Local Retail Electricity Suppliers, Distribution Utilities, Suppliers of Last Resort, National Grid Corporation of the Philippines, Central Registration Body and all other relevant industry participants.Aggregation of the electricity requirements of end-users whose total monthly average peak demand is at least 500 kilowatts within a contiguous area shall be implemented effective December 26, 2022.” The clearance must be issued by the Security, Justice and Peace Coordinating Cluster (SJPCC), which is composed of the Departments of the Interior and Local Government, Foreign Affairs, National Defense, Justice, and the Office of the Presidential Adviser on the Peace Process with the National Security Council as secretariat..(Calaca) unit 2.

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