ERC Proposes Price Cap for Natural Gas Power Auctions, Raising Consumer Cost Concerns
The Philippines' Energy Regulatory Commission (ERC) has proposed price caps for the country's first mid-merit natural gas power auction, designed to attract 3,800 MW of capacity. However, concerns linger over potential increases in consumer costs as fuel expenses will be recovered separately.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- NegOr Eyes Tamlang Valley as Food Production Hub, Boosts Road Infrastructure
The provincial government of Negros Oriental is prioritizing road infrastructure projects to develop Tamlang Valley into a major food production hub. This initiative is part of the governor's flagship program aimed at poverty reduction and agricultural development, overcoming past security challenges.
- Davao Sur small plane crash report lands safely in Butuan
An initial report of a small plane crash in Sta. Cruz, Davao del Sur, Philippines, was a false alarm. The aircraft, allegedly carrying six foreigners, landed safely in Butuan City, confirmed the Office of Civil Defense (OCD).
- 29 Rescued After Boat Suffers Mechanical Trouble Off Palawan
Twenty-nine individuals were rescued off Linapacan, Palawan, after their motorized boat, MBCA Princess Ruby Ann-1, experienced mechanical trouble due to a broken propeller. All passengers and crew are reported to be in good condition.
- CAAP: Plane crash in Davao del Sur town a false alarm
The Civil Aviation Authority of the Philippines (CAAP) confirmed that reports of a private plane crashing in Davao del Sur were a false alarm. The aircraft carrying foreign nationals landed safely at an airport in Butuan City, contrary to initial local reports.