The Energy Regulatory Commission (ERC) has approved the maximum annual revenue of the country’s power transmission monopoly for the next five years. In a decision, the regulator approved the National Grid Corporation of the Philippines’ (NGCP) revenue requirement of P40.47 billion in 2011; P41.65 billion in 2012; P43.37 billion in 2013; P44.39 billion in 2014; and P44.12 billion in 2015 for the third regulatory period 2011 to 2015.
The respective amount would be used by NGCP for operating and capital expenses of the power grid.
As of end-2009, the country’s virtual power highway was made up of 19,425 circuit kilometers of transmission lines and 23,853 megavolt-amperes of substation capacity.
In addition to this, NGCP earlier rolled out plans to put up a number of transmission projects to help ease transmission line constraints in the grid, which has caused unstable supply of electricity and spikes in power rates.
From the fourth quarter of 2010 to the first semester of 2011, NGCP will commence with 11 transmission line and substation projects to allow new power plants to be brought into the grid, to meet growth in demand, and to improve the reliability and N-1 requirements of the Philippine Grid Code.
”N-1″ refers to the capability of the power grid to withstand the loss of a major line without a customer experiencing a power interruption.
Based on the NGCP’s spending forecast for the next five years, the ERC pegged the company’s average transmission rate at P364.75 per kilowatthour per month (kWh/mo) for 2011; P362.43 per kWh/mo in 2012; P360.54 per kWh/mo in 2013; P359.37 per kWh/mo in 2014; and P358.39 per kWh/mo in 2015 to cover its revenue requirements. –EUAN PAULO C. AÑONUEVO REPORTER, Manila Times
World Day for Safety and Health at Work
“Safety and health at work every day!”
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
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Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
