February 14, 2024

Power spot market prices lower in 2023

By Patrick Miguel – February 14, 2024 | 12:00am from The Philippine Star Based on ERC’s market analysis, the average effective spot settlement price (ESSP) for all grids across the Philippines stood at P6.505 per kilowatt-hour, more than P1 cheaper […]
February 14, 2024

ERC asks Meralco to validate costs of power suppliers

By Alena Mae S. Flores – February 13, 2024, 8:20 pm from manilastandard.net The Energy Regulatory Commission (ERC) on Tuesday asked Manila Electric Co. to validate the costs of power suppliers before passing them to consumers. It renewed its call […]
February 13, 2024

ACEN, Yindjibarndi group investing P36b in Australian RE projects

By Othel V. Campos – February 12, 2024, 8:20 pm from manilastandard.net AUSTRALIA’S First Nations Yindjibarndi people and ACEN Corp. signed a partnership agreement for P36 billion worth of renewable energy projects in Western Australia. Yindjibarndi Energy Corp. (YEC), the […]
February 13, 2024

DOE to auction geothermal, hydro capacity totaling 4.4 GW

By Alena Mae S. Flores – February 12, 2024, 8:05 pm from manilastandard.net The Department of Energy (DOE) said Monday it will conduct the third round of the Green Energy Auction (GEA-3) in August, covering geothermal, impounding hydro, run-of-river hydro […]