ERC eyes over P10/kWh price for gas auction

MARINA BAY, Singapore — The Energy Regulatory Commission (ERC) may propose an auction price above P10 per kilowatt-hour (kWh) for the country’s first mid-merit natural gas capacity bidding. ERC chair and CEO Francis Saturnino Juan said the commission aims to propose this price in November, subject to public consultation. The auction price will serve as the