Category Archives: philippines

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Bohol: Classic Example of EPIRA Transition

Dan Dan Bantugan has an excellent article in the Bohol Chronicle about power costs on Bohol. I think he fairly clearly lays out the concept that Napocor’s selling rate to Bohol utilities is below its cost of generation at the Dampas Deisel Plant on the island, and that Napocor can sell at a lower [...]

Sales Price for Kepco Cebu Coal-fired Electricity

Geeze, Luise! Has anyone tried to model the Kepco-SPC (formerly Salcon) pricing for power out of their new coal-fired plant under construction at Naga, Cebu? The formulas and mechanisms are in the ERC Decision here.
There are two things going on in this Decision.
First, ERC has set an LRAC benchmark mechanism (see my earlier [...]

WESM Is Already Bringing Home the Bacon

There are two ways to do what we-in-the-industry call “security constrained economic dispatch.” That is, how do we optimally allocate the electric demand among all of our generators to achieve the least cost supply (minimize the fuel costs) in each hour without overloading any transmission facilities and such that we can withstand certain sudden failures [...]