January 26, 2023

Meralco to procure supply from spot market as 300-MW GNPower deal ended

By Alena Mae S. Flores – January 25, 2023, 8:20 pm from manilastandard.net Power retailer Manila Electric Co. said Wednesday it would start procuring supply from the Wholesale Electricity Spot Market after its 30-day emergency agreement with Aboitiz Power Corp.-controlled […]
January 17, 2023

Meralco, Aboitiz mull over extension of power deal

BY LENIE LECTURA – JANUARY 17, 2023 from Business Mirror The Manila Electric Co. (Meralco) and Aboitiz Power Corp. may extend their emergency power supply agreement (EPSA) that will expire next week. “Verbally, I received advice from Aboitiz that they […]
January 12, 2023

‘Expensive’ replacement power hikes Meralco rates

By Myrna M. Velasco – January 10, 2023, 2:03 PM from Manila Bulletin The comparatively expensive replacement power capacities secured from a power plant of the Aboitiz group and hefty purchases from the Wholesale Electricity Spot Market (WESM) had partly […]
January 11, 2023

Meralco-SPBBC supply deal OK’d

BY LENIE LECTURA – JANUARY 11, 2023 from Business Mirror THE Manila Electric Co. (Meralco) and Solar Philippine Batangas Baseload Corp. (SPBBC) are now cleared to negotiate for their 200-megawatt (MW) power supply agreement (PSA). This after the Meralco Third-Party […]