April 5, 2024

DOE eyes causer pay mechanism to protect consumers

By Alena Mae S. Flores – April 4, 2024, 8:20 pm from manilastandard.net The Department of Energy (DOE) plans to implement a causer pays mechanism (CPM) or cost sharing between generators and consumers to ensure consumer protection and accountability of […]
April 1, 2024

Power rate increases expected in hot dry months starting April

By Alena Mae S. Flores – March 31, 2024, 9:55 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) expects prices at the electricity spot market to increase to a range of P5 to P7 per kilowatt-hour […]
March 28, 2024

Power spot prices rise in early March

By Sheldeen Joy Talavera – March 26, 2024 | 9:07 pm from Business World BW FILE PHOTO ELECTRICITY spot market prices rose in the first two weeks of March as the margin between supply and demand narrowed, the Independent Electricity Market […]
March 25, 2024

Transmission charges push up MORE rates

By Alena Mae S. Flores – March 24, 2024, 8:00 pm from manilastandard.net MORE Electric and Power Corp., Iloilo City’s electricity distributor said its power rates increased by P0.06 per kilowatt-hour in March on higher transmission charges with the full […]