Conscious Investing Today
  • Top News
  • Business Insider
  • Economic Indicators
  • Investing Ideas
  • Politics News
  • Stock Analysis
  • Editor’s Pick
No Result
View All Result
  • Top News
  • Business Insider
  • Economic Indicators
  • Investing Ideas
  • Politics News
  • Stock Analysis
  • Editor’s Pick
No Result
View All Result
Conscious Investing Today
No Result
View All Result
Home Politics News

ERC sets capacity, market share limits for grids

by
April 19, 2021
in Politics News
0
ERC sets capacity, market share limits for grids
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT
PHILSTAR

THE ENERGY Regulatory Commission (ERC) has released its caps for installed generating capacity and market share limitations for the national and Luzon, Visayas and Mindanao grids.

In a resolution posted on its website, the ERC set the IGC of the national grid this year at 23.42 million kilowatts (kW), with 15.97 million kW allotted for the Luzon grid. Meanwhile, the IGCs of the Visayas and Mindanao were set at 3.38 million kW and 4.07 kW, respectively.

“IGC is the sum of maximum capacity of the generation facilities which are connected to a transmission system or distribution system that forms part of a particular grid,” ERC Commissioner-in-Charge Floresinda G. Baldo-Digal told BusinessWorld in a mobile message Monday.

The ERC also set the IGC limits for the Luzon, Visayas and Mindanao grids at 4.79 million kW, 1.01 million kW, and 1.22 million kW, respectively.

“The installed generating capacity (IGC) limit is the market share limitation (MSL) that a company or related group can own, operate or control per grid and national grid pursuant to the Electric Power Industry Reform Act and its Implementing Rules and Regulations,” Ms. Digal said.

ADVERTISEMENT

The MSLs for the Luzon, Visayas and Mindanao grids are at 30% each, but the level for the national grid is 25%.

The next adjustment of the caps is due by March 15, 2022 and “every year thereafter as the need arises,” the ERC said.

The commission also explained that it is implementing the resolution in line with its mandate to promote fair competition, and ensure consumer protection.

The resolution was signed by ERC Chairperson and Chief Executive Officer Agnes VST Devanadera and four commissioners. — Angelica Y. Yang

Related Posts

Measuring economic prospects through the growing demand for credit
Politics News

Measuring economic prospects through the growing demand for credit

June 27, 2022
Why credit scores matter to financial health
Politics News

Why credit scores matter to financial health

June 27, 2022
Hamilo Coast: Nurturing nature for 15 years and beyond
Politics News

Hamilo Coast: Nurturing nature for 15 years and beyond

June 27, 2022
Next Post
Exporters advised to adjust to Mexico labeling rules on sugary foods

Exporters advised to adjust to Mexico labeling rules on sugary foods

NEA Q1 loans to power cooperatives hit P102M

NEA Q1 loans to power cooperatives hit P102M

Agriculture chamber backs price ceiling on imported pork to deter profiteers

Agriculture chamber backs price ceiling on imported pork to deter profiteers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Categories

  • Economic Indicators
  • Editor's Pick
  • Investing Ideas
  • Politics News
  • Stock Analysis

Popular News

  • A Minute With: Family Reunion cast on relatable story lines

    A Minute With: Family Reunion cast on relatable story lines

    0 shares
    Share 0 Tweet 0
  • Twitter launches ‘Milk Tea Alliance’ emoji as movement grows

    0 shares
    Share 0 Tweet 0
  • Gas and car bills to soar under green revolution

    0 shares
    Share 0 Tweet 0
  • Level up your gaming experience with vivo Y20s [G]

    0 shares
    Share 0 Tweet 0
  • Rehab, expansion of General Santos airport seen completed by Q2

    0 shares
    Share 0 Tweet 0
No Result
View All Result

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Highlights

Abortion ruling casts cloud over usual cheer at US Pride parades

Driving social inclusion and using Tech4Good: Globe wins in 2022 ASEAN Tech for ESG Awards

Axelum Resources Corp. to conduct annual stockholders’ meeting on July 29 via remote communication

SEC warns public vs investing in three entities

SSC outlasts Perpetual Help in 5 sets, shares second spot

First Philippine Overland Expedition boasts P1-M kitty

Trending

Measuring economic prospects through the growing demand for credit
Politics News

Measuring economic prospects through the growing demand for credit

by
June 27, 2022
0

Credit activity is one of the most effective barometers of the economic health of a nation. Not...

Why credit scores matter to financial health

Why credit scores matter to financial health

June 27, 2022
Hamilo Coast: Nurturing nature for 15 years and beyond

Hamilo Coast: Nurturing nature for 15 years and beyond

June 27, 2022
Abortion ruling casts cloud over usual cheer at US Pride parades

Abortion ruling casts cloud over usual cheer at US Pride parades

June 27, 2022
Driving social inclusion and using Tech4Good: Globe wins in 2022 ASEAN Tech for ESG Awards

Driving social inclusion and using Tech4Good: Globe wins in 2022 ASEAN Tech for ESG Awards

June 27, 2022

Disclaimer: ConsciousInvestingToday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2021 ConsciousInvestingToday. All Rights Reserved.

No Result
View All Result
  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.