November 18, 2022

SGP operation services revenues up 34%

BY LENIE LECTURA – NOVEMBER 18, 2022 from Business Mirror Synergy Grid and Development Philippines Inc. (SGP),  the indirect controlling shareholder of the National Grid Corporation of the Philippines (NGCP), reported a 34-percent increase in operation services revenues for the […]
November 18, 2022

DOE sees P9-T investments from offshore wind service contracts

By Myrna M. Velasco – November 17, 2022, 3:29 PM from Manila Bulletin The Department of Energy (DOE) expects up to P9.0 trillion worth of investments if all prospective projects in the offshore wind (OSW) development sector will reach commercial […]
November 17, 2022

ERC launches PSA caravan in Laoag

BY LENIE LECTURA – NOVEMBER 17, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has launched a PSA (Power Supply Agreement) Caravan in Laoag, Ilocos Norte to gain a good understanding of the challenges encountered by the distribution utilities […]
November 17, 2022

Spot power prices up in October

BY LENIE LECTURA – NOVEMBER 17, 2022 from Business Mirror Electricity spot market prices slightly went up to P9.22 per kilowatt hour in October (kWh) from P9.12 per kWh in September, the Independent Electricity Market Operator of the Philippines (IEMOP) […]