The Manila Electric Co. is evaluating its power requirements following the moratorium on the issuance of the Certificate of Exemption from the conduct of a competitive selection process .
Meralco had recently sourced 32 percent of its total requirement from the WESM for the March supply month compared to 22 percent the previous month. The independent power producers covered 27 percent of Meralco’s total energy requirement. The PSAs, meanwhile, accounted for 41 percent of Meralco’s energy requirement for the period.
The DOE, Energy Regulatory Commission and the National Electrification Administration are currently drafting a new CSP policy that aims to rationalize and streamline the conduct of CSP, particularly the issuance of COE-CSP, and the review of the terms of reference for unsolicited proposal , among others. To ensure a smooth transition to the new circular, “the DOE hereby suspends the issuance of the COE-CSP on this ground upon effectivity of this advisory.
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