by Angelica Yang | August 23, 2021 | Published by BusinessWorld | READ THE STORY HERE THE ENERGY Regulatory Commission (ERC) needs to remove the pass-through fuel cost provisions in power purchase agreements (PPAs) to ensure the least cost for consumers, according to a UK-funded report on the Philippines’ energy transition. “It would be prudent for the ERC to implement mandatory fixed prices for PPAs by removing the automatic (fuel) pass-through,” according to the findings of the report, Analyzing Energy Transition Risks in the Philippine Power Sector. “Eliminating the pass-through for imported fuel costs avoids the ups and downs [...]