Saturday, February 4, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business

Environment group calling for immediate appointment of ERC chief

Alena Mae S. FloresbyAlena Mae S. Flores
July 11, 2022, 8:20 pm
in Business, Power & Tech
Reading Time: 3 mins read
A A
Share on FacebookShare on TwitterShare on Email

Climate and energy group Institute for Climate and Sustainable Cities (ICSC) called for the immediate appointment of the Energy Regulatory Commission chairperson amid the prolonged shutdown of power plants and the thinning of Malampaya gas reserves that have led to high electricity prices.

ICSC also welcomed the appointment of former Energy Secretary Raphael Perpetuo Lotilla replacing former Secretary Alfonso Cusi.

ICSC senior policy advisor Pete Maniego Jr. said Lotilla’s appointment is a good choice since he is competent to lead the industry.

President Ferdinand Marcos Jr. has not announced the appointment of a new ERC chairperson to replace Agnes Devanadera, who recently retired.

“The appointment of an Energy Secretary is very urgent due to the many serious problems facing the sector. There is insufficient power supply mainly due to the prolonged shutdowns of several coal-fired power plants, the intermittent breakdowns of several coal-fired power plants, and the derating of natural gas power plants caused by Malampaya gas supply restrictions,” said ICSC senior policy advisor Pete Maniego Jr. prior to the announcement

ADVERTISEMENT

Maniego said prices at the Wholesale Electricity Spot Market (WESM) rose because of the chronic power shortage, prompting the imposition of a secondary price cap to arrest the spikes.

He cited WESM’s average price of P9.66 per kWh in the Luzon grid on June 30 and high peak price of P29.10 per kWh.

Maniego said fossil fuel prices were expected to spiral due to the Russian-Ukraine conflict.

“This would continue to increase electricity rates until the conflict, and the resulting energy shortage are over. The DOE and ERC would need firm hands to cope with the current crises,” Maniego said.

He said the next DOE secretary and ERC chairperson should be highly knowledgeable about the energy sector, preferably with relevant technical, engineering and economics background.

He also cited a prohibition in the DOE Act against the appointment of anybody who had worked in the energy sector within the past two years as DOE secretary.

“However, there must be many qualified persons who have either retired or moved to a non-energy company for more than two years,” the ICSC official said.

Maniego said the ERC chairperson must be a member of the Philippine bar as required byElectric Power Industry Reform Act of 200.

“If the next chairman will not possess the relevant technical experience, the next ERC commissioner to be appointed must preferably have a technical background and energy experience,” he said.

Meanwhile, Maniego urged the DOE to make the coal moratorium permanent to affirm the country’s commitment to clean energy as envisioned in the Philippines’ commitment under the Paris Agreement.

“Our over dependence on fossil fuel plants, particularly CFPPs (coal-fired power plants), has proved economically disastrous. The continuing lack of energy security has hampered our country’s development, with our ASEAN peers leaving us behind and graduating to developed economies level. The CFPPs, which were supposed to provide dependable base-load supply, turned out to be the culprits in the recurring yellow and red alerts,” Maniego said.

He said the automatic fuel cost pass-through on fossil fuel power plants, which completely transfers the fuel risks from the power producers to end users, should no longer be applied in all power supply agreements.

Maniego also proposed the conversion of all diesel gensets in off-grid areas to hybrid systems that would lead to the eventual phaseout of universal charge for missionary electrification and savings of P10 billion per year in subsidies.

Tags: Energy Regulatory CommissionEnergy Secretary Raphael Perpetuo LotillaERC chairpersonInstitute for Climate and Sustainable Cities
ADVERTISEMENT
Alena Mae S. Flores

Alena Mae S. Flores

Related Posts

BPOs to boost office space demand in 2023

byOthel V. Campos
February 3, 2023, 9:55 pm
0
8
BPO Philippines: Offshore Outsourcing vs. Staffing

Office space demand in the Philippines is expected to double to 228,000 square meters in 2023 from 110,500 sq. m....

Read more

Power rates likely higher in February—Meralco

byAlena Mae S. Flores
February 3, 2023, 9:50 pm
0
8
Meter inspection

Power retailer Manila Electric Co. said Friday electricity rates may be higher in February following the lapse of a distribution-related...

Read more

Vista Land plans to issue P2.9b in corporate notes

byManila Standard Business
February 3, 2023, 9:45 pm
0
8
Villar Group bares plan to list REIT unit, renewable energy firm

Vista Land & Lifescapes, Inc., the real estate arm of billionaire Manuel Villar Jr., announced Friday its plan to issue...

Read more

Pag-IBIG Fund members’ savings reached record P79.9b in 2022

byManila Standard Business
February 3, 2023, 9:40 pm
0
8
Pag-IBIG Fund financed 17,268 socialized homes in first 10 months

Pag-IBIG Fund members collectively saved nearly P80 billion in 2022, setting another record for the highest amount saved by members...

Read more

MRT-3 promises improved services after overhaul of 72 light rail vehicles

byDarwin G. Amojelar
February 3, 2023, 9:35 pm
0
8
Drama on deaf family ‘CODA’ wins top Oscar

The management of Metro Rail Transit-3 said Friday passengers can expect faster and reliable services after the overhaul of 72...

Read more

Converge posts highest speed for video streaming

byDarwin G. Amojelar
February 3, 2023, 9:30 pm
0
8
Converge calls government attention on damaged cables, works overtime to avoid service disruption

Fiber broadband provider Converge ICT Solutions Inc. logged the highest speed for video streaming based on Netflix’s ISP speed index...

Read more

Print Edition

View More

Recent Posts

  • Sneakers for Makati : AB4.0
  • PH, US revive joint sea patrols
  • Indonesia tells major powers to keep SEA out of rivalries
  • NEDA approves six big-ticket projects worth over P100b
  • Oil price rollback as much as P2/liter likely next Tuesday to snap 3-wk hike
  • BI relieves warden facility head, staff
  • OFW in Kuwait paralyzed after fall from 3rd floor
  • Farmers hurting over low onion farmgate prices

Advertisement

Latest News

BI relieves warden facility head, staff

byRey E. Requejo
February 4, 2023, 1:10 am
0
8
BI relieves warden facility head, staff

The Bureau of Immigration (BI) has relieved the head and other personnel of its warden facility after six mobile phones...

Read more

OFW in Kuwait paralyzed after fall from 3rd floor

byJoyce Pangco Panares
February 4, 2023, 1:00 am
0
8
Vax wastage, infection surge feared in Odette-hit areas

A 34-year-old overseas Filipino worker in Kuwait has become paralyzed from the waist down after escaping her “abusive” employer by...

Read more

Farmers hurting over low onion farmgate prices

byManila Standard
February 4, 2023, 12:20 am
0
8
Can’t afford onions per kilo? DA says buy per piece

Farmgate prices of onions have gone down amid the arrival of imported ones, the Samahang Industriya ng Agrikultura (SINAG) said....

Read more

Death or injury

byManila Standard
February 4, 2023, 12:15 am
0
8
Death or injury

The heart-warming video of a sister engaging former professional boxer Prichard Colon Melendez, strapped on a special medical bed, in...

Read more

The ICC and Duterte, the next phase

byTony La Viña
February 4, 2023, 12:05 am
0
8
Denying Villafuerte justice

"The International Criminal Court can only intervene where a State is unable or unwilling genuinely to carry out the investigation...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App