Think tank seeks removal of automatic pass-through fuel cost from power deals [BusinessWorld]

2023-09-26T11:35:13+08:0004 Sep 2023|Tags: , , , , , |

by Beatriz Marie D. Cruz | September 3, 2023| Published by BusinessWorld | READ THE STORY HERE The Government needs to remove pass-through fuel cost clauses in power purchase agreements (PPAs) in order to lower electricity prices, an energy policy think tank said. “The automatic fuel cost pass-through provision is really what causes [...]

ICSC welcomes ERC ruling on SMC-Meralco rate hike petition

2022-10-11T11:31:59+08:0004 Oct 2022|Tags: , , , , , , , , , , |

QUEZON CITY, 4 October 2022 – The Energy Regulatory Commission (ERC) denied yesterday the joint proposal of Meralco and San Miguel Corporation (SMC) of a PHP0.30 per kilowatt-hour (kWh) increase in power rates. In their official ruling, ERC reminded both parties, especially Meralco as a regulated entity, of their obligation to preserve the 2019 power [...]

SONA 2022: ICSC responds to President Marcos, Jr.’s energy roadmap

2022-07-26T12:13:08+08:0026 Jul 2022|Tags: , , , , , , , , , , , , |

Reiterates calls for renewable energy push, abolition of pasa-load, reduction of power cost, and increase in power supply QUEZON CITY, 26 July 2022 – Reacting to President Marcos, Jr.’s pronouncements in his first State of the Nation Address citing cheap and reliable energy as a fundamental requirement for economic growth, ICSC Senior Policy [...]

[ANC] What are ways to lower electricity costs in PH?

2022-05-17T17:12:30+08:0008 May 2022|Tags: , , , , , , , , |

by ANC News| May 8, 2022  "Transitioning to renewable energy sources, which are indigenous, will lower the prices and will provide stable prices for our consumers," said ICSC senior policy advisor Atty. Pedro Maniego Jr. Watch the full video by ANC Digital:

Power outages still possible during, after May 9 elections

2022-05-12T11:44:22+08:0028 Apr 2022|Tags: , , , , , , , , , , , , , |

Experts echo initial call to urgently eliminate “pasa load” in electric bills QUEZON CITY, 28 April 2022 – Rotating brownouts are still likely to happen during and after the national elections on May 9, according to the Institute for Climate and Sustainable Cities (ICSC), as forced shutdowns of baseload coal power plants continue [...]

Think tank says hidden costs erode appeal of cheap coal power

2022-04-11T16:40:26+08:0011 Apr 2022|Tags: , , |

by Ram Christian S. Agustin  | April 10, 2022 |  Published by Business World | READ THE STORY HERE THE low-cost argument for using coal-fired power does not consider hidden costs as well as price volatility in times of crisis, such as the present time, the Institute for Climate and Sustainable Cities (ICSC) said. In [...]

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