Connect With Us

Thursday, November 5, 2015

DOE Statement on Competitive Selection Process (CSP)

Wazzup Pilipinas!

Moving towards the promotion of consumer interest under a regime of stable regulatory policies, the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) share a common objective for the implementation of a mandatory Competitive Selection Process (CSP) in contracting power supply agreements of distribution utilities.

Under Joint Resolution No. 1, both agencies stressed that CSP fosters transparency, enhances security of supply, and ensures stability of electricity prices to captive electricity end-users in the long-term. The Joint Resolution, which will be effective upon its publication in newspapers of general circulation, further provides that the ERC shall issue the appropriate implementing regulations for the CSP.

DOE Secretary Zenaida Y. Monsada emphasizes that "the DOE and ERC are working closely together to create a proactive and dynamic environment for a sustainable electric power industry which balances the interests of the consumers and the industry participants."

About "" is the fastest growing and most awarded blog and social media community that has transcended beyond online media. It has successfully collaborated with all forms of media namely print, radio and television making it the most diverse multimedia organization. The numerous collaborations with hundreds of brands and organizations as online media partner and brand ambassador makes a truly successful advocate of everything about the Philippines, and even more since its support extends further to even international organizations including startups and SMEs that have made our country their second home.

Post a Comment

Copyright © 2013 Wazzup Pilipinas News and Events
Design by FBTemplates | BTT