Energy and electricity regulations in Asia
* This is my article in BusinessWorld last January 24, 2017. Cheaper electricity and stable energy supply are among the important components to have fast and sustainable economic growth. On Jan. 17, the Philippine Electricity Market Corp. (PEMC) sent a press release saying that “effective settlement spot prices (ESSPs) in the wholesale electricity spot market …
Continue reading “Rising feed in tariff (FIT) due to more wind-solar power”
This is my letter to the ERC last month. ———— To: re-twg@erc.gov.ph, twg-re@erc.gov.ph 28 December 2016 Hon. Jose Vicente B. Salazar Chairman Energy Regulatory Commission Pasig City Dear Chairman Salazar, In relation to the ERC invitation for public comments until December 30, 2016 of the petitions by Trans-Asia Renewable Energy Corporation (TAREC), Alternergy Wind One …
Continue reading “Letter to ERC re petition by 3 wind firms for higher FIT”
I am reposting the article of Jarius Bondoc in his column in Philippine Startoday. My comments and discussions after his paper. Enough is enough. Developers of renewable energy (RE) must stop making us electricity users subsidize their insolvent solar and wind farms. They’re already wheedling P8 billion a year from us. That windfall, called feed-in …
* This is my article in BusinessWorld last September 01, 2016 Expensive electricity via government price guarantee for 20 years is wrong. Business is about risks and returns, capitalism is about corporate expansion and bankruptcy, so there is no such thing as guaranteed price nor assured profit for many years in a competitive economy. Only …
Continue reading “No FIT for geothermal and other renewables, please”
* This is my article in BusinessWorld yesterday. The increase in feed in tariff-allowance (FIT-All) has been approved by the Energy Regulatory Commission (ERC) recently. As a result, Meralco and all other distribution utilities nationwide will be collecting 12.40 centavos per kWh of electricity consumption starting this month. The amount is higher than higher than …
* This is my article in BusinessWorld last March 03, 2016. When government intervenes in the pricing of a particular product or service supposedly to protect the consumers from “unwarranted” price hikes, or to pursue some social or environmental goals, the action tends to create more problems than what it intends to solve. Take the …
Continue reading “Renewables and the illusion of merit order effect”
* Originally posted on June 02, 2011. I seldom read newspapers, much less their columnists. I read more a few blogs that I follow everyday, especially science blogs pertaining to climate science, then the facebook updates of my friends, including the news articles that they recommend. Then I read some of those articles or opinions. …
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