ERC fines generation companies P15.5M for unplanned outages - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

THE Energy Regulatory Commission imposed fines worth P15.5 million on power generation companies that breached the maximum allowable unplanned outage days in 2021.

THE Energy Regulatory Commission imposed fines worth P15.5 million on power generation companies that breached the maximum allowable unplanned outage days in 2021.

“We are constantly monitoring and reviewing the weekly reports being submitted by the GenCos in compliance with our directive pertaining to the Reliability Performance Indices and Equivalent Outage Days Per Year of Generating Units.

Earlier this week, ERC said it fined Sem-Calaca Power Corp. P4.31 million after it ruled that the power plant’s units allegedly breached the maximum allowed unplanned outages. It said SCPC was fined P337,200 for allegedly exceeding the number of allowed unplanned outages by 5.24 days for its power plant’s first unit and P3,975,600 for going over the number of allowed unplanned outages by 96.2 days for the second unit.

In Article 5 of ERC’s Resolution No. 10, Series of 2020, 16.8 days is the allowed duration of unplanned outages for a pulverized coal-fired power plant per generation unit per year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in BUSİNESS

Business Business Latest News, Business Business Headlines