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ERC sets initial GEA pricing guidelines
The Philippine Star
|November 04, 2024
The Energy Regulatory Commission (ERC) has issued the preliminary pricing guidelines for technologies ineligible for the feed-in tariff (FIT) in the upcoming green energy auction (GEA) round.
For GEA-3, the government will offer impounding hydro, pumped-storage hydro, run-of-river (ROR) hydro and geothermal contracts with a combined capacity of 4,399 megawatts.
Except ROR hydro, all other technologies are not eligible for FIT, a policy that offers "guaranteed payments on a fixed rate per kilowatt hour for emerging renewable energy (RE) sources, excluding any generation for own use."
As such, the ERC is seeking comments from industry stakeholders regarding the draft price determination methodology (PDM) for the non-FIT-eligible RE technologies.
Denne historien er fra November 04, 2024-utgaven av The Philippine Star.
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FLERE HISTORIER FRA The Philippine Star
The Philippine Star
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