October 9, 2017

Ang asks Psalm to act against volatility of spot-market prices

By Lenie Lectura – October 8, 2017 from Business Mirror BUSINESSMAN Ramon S. Ang urged the Power Sector Assets and Liabilities Management Corp. (Psalm) to protect consumers from volatility of spot-market prices and not expose them. Ang issued his statement as […]
October 9, 2017

Ilijan standoff to hike power rates

By Alena Mae S. Flores – October 08, 2017 at 08:20 pm from manilastandard.net Consumers of Manila Electric Co. will be exposed to price volatilities at the Wholesale Electricity Spot Market, or WESM, if the government terminates the contract of San Miguel […]
October 9, 2017

Vires Energy keen on $750-m LNG job

By Alena Mae S. Flores – October 06, 2017 at 08:01 pm from manilastandard.net Vires Energy Corp. is interested in developing a liquefied natural gas project costing $750 million in Batangas City, its top executive said Friday. Vires president Eduardo Mañalac said […]
October 9, 2017

Phinma eyes three gas-fired facilities

By Alena Mae S. Flores – October 05, 2017 at 07:01 pm  from manilastandard.net Phinma Energy Corp., the power arm of Phinma Group, is studying the feasibility of putting up three gas-fired power plants with a combined capacity of 904 megawatts, a […]