TAGUIG CITY -- The Department of Energy (DOE) welcomes the Supreme Court's ruling requiring compliance with DOE ‘s 2015 Circular mandating all distribution utilities to undergo competitive selection process (CSP) in the procurement of power supply agreements.

With the ruling, the SC said all PSA applications filed by electricity firms with the ERC on June 30, 2015 or later are "required to comply with the CSP."

Now we can move on to the extremely urgent tasks at hand, particularly putting new power projects back on track to help augment the country's power supply for 2020 to 2022.

The DOE will continue to push for the conduct of the CSP. This would ensure the transparency in the signing of power supply contracts, and more importantly, ensure that they will be at least cost for the benefit of our consumers. 

We sincerely hope the Supreme Court ruling ushers in a new era in power procurement - an era of true competition, where all deserving power suppliers with efficient technologies, low rates, and fair contract terms are welcomed into the market. 

These recent developments would help us evaluate how we could facilitate bringing in new capacities into the grid. We would also be keeping an eye out for those projects which could be completed faster and conduct a quick CSP to help fast track the process.

All these, of course, will be accomplished alongside an even more vigorous monitoring and coordination of the country's power supply.

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