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
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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