July 4, 2024

ERC defers order for DUs to report generation rate

By Lenie Lectura – July 4, 2024 from Business Mirror THE Energy Regulatory Commission (ERC) has suspended an earlier directive to distribution utilities (DUs) to submit their generation rates every fifth day of the month. “Please be informed that the […]
July 4, 2024

Meralco gets 1,220MW offered supply capacity

By Lenie Lectura – July 3, 2024 from Business Mirror THE Manila Electric Co. (Meralco) received six offers for the supply of its 400 megawatts (MW) of mid-merit requirement. “By yesterday’s deadline to express interest to participate in the 400MW […]
July 4, 2024

June WESM prices softened 24% as rainy season starts

By Alena Mae S. Flores – July 3, 2024, 7:15 pm from manilastandard.net Preliminary rates at the Wholesale Electricity Spot Market (WESM) softened in June 2024 by 25 percent with the onset of the rainy season which brought cooler temperatures. […]
July 3, 2024

Groups ask regulator to deny Meralco’s fossil supply deals

By Alena Mae S. Flores – July 2, 2024, 9:40 pm from manilastandard.net The Power for People Coalition filed petitions with the Energy Regulatory Commission (ERC) to deny Meralco’s power supply contracts with four fossil fuel plants, which they claim […]