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December 19, 2023

Published by admin at December 19, 2023

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ERC plans to raise secondary price cap in the electricity market to lure investors

By Alena Mae S. Flores – December 18, 2023, 9:20 pm from manilastandar.net The Energy Regulatory Commission (ERC) plans to raise the secondary price cap in the spot market to P9.8526 per kilowatt-hour from P6.245 per kWh. It said in […]

December 18, 2023

Published by admin at December 18, 2023

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Philippine gov’t asked to get a stake in first offshore wind project.

By Alena Mae S. Flores – December 17, 2023, 8:15 pm from manilastandard.net The newly-formed Pilipinas Offshore Wind Energy Resource Inc. (POWER) asked the government to consider taking a stake in the country’s first offshore wind (OSW) project. “In Malampaya, […]

December 18, 2023

Published by admin at December 18, 2023

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Spot power prices fall in early Dec.

By Sheldeen Joy Talavera – December 14, 2023 | 8:23 pm from Business World THE average electricity spot market price dropped in early December, the Independent Electricity Market Operator of the Philippines (IEMOP) said, adding that the downtrend is expected […]

December 16, 2023

Published by admin at December 16, 2023

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MORE Electric budgets P4b to upgrade Negros Occidental distribution system

By Alena Mae S. Flores – December 15, 2023, 7:55 pm from manilastandard.net Primelectric Holdings Inc. of businessman Enrique Razon Jr. earmarked P4 billion to modernize and upgrade the distribution system of Central Negros Cooperative. MORE Electric Power Corp. president […]