March 15, 2023

Average electricity spot market prices ease as gas plants reopen

By Alena Mae S. Flores – March 14, 2023, 7:30 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines said Tuesday average electricity prices at the spot market for Luzon and Visayas went down by P1.69 per kilowatt-hour […]
March 15, 2023

DOE warns of high power prices during dry months

By Alena Mae S. Flores – March 13, 2023, 8:50 pm from manilastandard.net The Department of Energy warned of possible higher electricity rates during the dry months in case a tight supply would necessitate the operation of oil-based power plants. […]
March 14, 2023

ERC starts review of secondary price cap at electricity spot market

By Alena Mae S. Flores – March 13, 2023, 9:00 pm from manilastandard.net The Energy Regulatory Commission said Monday it started the review of the secondary price cap imposed at the spot market, but conceded that its removal may have […]
March 14, 2023

NGCP to complete over P100-billion transmission projects by June

By Alena Mae S. Flores – March 13, 2023, 8:25 pm from manilastandard.net Two critical transmission projects—the P52 billion Mindanao-Visayas Interconnection Project and the  P53.9-billion Cebu-Negros-Panay interconnection Project—are set to be completed by June 2023, the Department of Energy said […]