ERC sets P11/kWh cap for offshore wind auction

The Energy Regulatory Commission (ERC) has set the country’s first offshore wind power price cap at P11 per kilowatt hour (kWh). This is under the fifth round of the green energy auction program. The amount is slightly higher than the initial rate of P10.3859 kWh. The ERC commission took into account more capacity factors. These […]... Keep on reading: ERC sets P11/kWh cap for offshore wind auction