ERC Enters Into a Partnership Exchange with NARUC
The Energy Regulatory Commission (ERC), through the conduct of a four-day workshop, entered into a Partnership Exchange with the National Association of Regulatory Utility Commissioners (NARUC). The Partnership Exchange aims to support the ERC in: (1) establishing regulatory framework governing the Philippines’ downstream natural gas sector, and (2) establishing procedures for expediting review and approval processes of Power Purchase Agreements (PSAs). The exchange provided a platform for NARUC to share regulatory expertise and strategies to promote gas market growth and adoption of best regulatory frameworks in order to ensure safe, reliable, and affordable energy for Filipino consumers.
During the partnership workshop, the Department of Energy (DOE) made a presentation on the Policy and Regulatory Framework of the Philippine Downstream Natural Gas Industry. Meanwhile, the ERC discussed the Power Supply Agreement (PSA) Review and Approval Processes, as well as the Current and Upcoming Independent Power Producers (IPPS) in the Philippines.
The participants gained firsthand knowledge and insights from the Resource Speakers of NARUC who were former Commissioners of Idaho Public Utilities Commission and Hawaii Public Utilities Commission and Energy Specialists from the Michigan Public Service Commission and Massachusetts Department of Public Utilities. Aside from ERC, the attendees of the workshop were representatives from the Philippines’ DOE, Gas Policy Development Project (GPDP), Papua New Guinea’s Independent Consumer & Competition Commission (ICCC), and United States Agency for International Development (USAID). The Partnership Exchange workshop was a collaborative effort between the NARUC and the USAID.
“The Partnership Exchange hosted by the National Association of Regulatory Utility Commissioners (NARUC) and the USAID is truly beneficial for the ERC considering the government’s thrust to provide a conducive environment through the issuance of policies, plans and programs geared towards the promotion and development of the Philippine Downstream Natural Gas Industry (PDNGI). The ERC supports the DOE as it promotes Natural Gas as an energy fuel with tremendous potential to meet the increasing local demand and ensure a sustainable electric power supply”, ERC Chairperson and CEO Agnes VST Devanadera said.