Promoting competition and accountability: DOE, ERC to review competitive selection policy for power supply agreements

The Department of Energy (DOE) and Energy Regulatory Commission (ERC) have announced plans to review the competitive selection policy (CSP) for the procurement of supply of distribution utilities (DUs), in light of recent disputes and terminations of power supply agreements.

The CSP policy plays a critical role in ensuring that distribution utilities are well-guided in contracting their power supply to their captive customers, providing a clear, transparent, and fair supply procurement process that promotes competition and greater private sector participation.

DOE Undersecretary Rowena Guevara said the CSP policy would be revised and that public consultation will begin in April.

The revised policy aims to simplify the procurement process and give control to the DUs and the ERC, ensuring commitments are delivered to consumers and affordable electricity prices are provided to the captive market.

Subscribe to

Stay in the know with Bilyonaryo’s unparalleled coverage of business news and global industries!

Elevate your understanding of the Philippine business landscape and gain insights into worldwide markets by subscribing to our dedicated channels. Receive breaking news, in-depth analyses, and exclusive interviews with industry leaders directly on Viber, WhatsApp, and Facebook. Stay informed and empowered with our Email Newsletter, delivering curated content right to your inbox.

Don’t miss out on crucial updates and trends shaping economies and businesses both locally and internationally.

Join Bilyonaryo’s community today by clicking the button below to subscribe and stay ahead in the dynamic world of business.

Share this Bilyonaryo story