July 14, 2023

PEMC slaps P400,000 fine vs. First Gas Power

By Alena Mae S. Flores – July 13, 2023, 7:55 pm from manilastandard.net The Philippine Electricity Market Corp., the governing body of the Wholesale Electricity Spot Market, imposed a P400,000 fine on First Gen Corp.’s subsidiary First Gas Power Corp. […]
June 29, 2023

Reserve power market commercial launch expected by September

By Ashley Erika O. Jose – June 27, 2023 | 8:04 pm from Business World THE Department of Energy (DoE) said on Tuesday that it expects to launch commercial operations of the spot market for power reserves by September.  The […]
April 20, 2023

PEMC, IEMOP ‘demarcate’ responsibilities in RE market

BY MYRNA M. VELASCO – Apr 19, 2023 04:01 PM from Manila Bulletin AT A GLANCE PEMC and IEMOP jointly demarcated responsibilities in the operation of the RE Market PEMC previously claimed authority over RER or registrar function in the […]
March 10, 2023

Ayala’s energy platform spending up to P70b this year

By Alena Mae S. Flores – March 9, 2023, 8:40 pm from manilastandard.net ACEN Corp., the listed energy platform of the Ayala Group, said Thursday it is looking at capital expenditures of P50 billion to P70 billion in 2023 to […]