August 2, 2017

WESM doing wonders for power sector

By Lenie Lectura – August 2, 2017 from Business Mirror ELEVEN years since it was launched in Luzon and seven years after in the Visayas, the Wholesale Electricity Spot Market (WESM) has promoted competition and transparency—and has continued to multiply investors—in the power […]
August 1, 2017

PetroEnergy unit gets permit for Palawan solar-power plant

By Lenie Lectura – July 31, 2017 from Business Mirror THE subsidiary of PetroEnergy Resources Corp. has secured environmental permits for its solar power project in Puerto Princesa. “The proposed 10-megawatt [MW] Puerto Princesa solar-power project of PetroGreen Energy Corp. [PGEC] secured two vital environmental […]
July 31, 2017

PSALM universal charge hikes could drive up August electric bills

By Myrna M. Velasco – July 29, 2017, 10:00 PM from Manila Bulletin The regulator-approved hike in the universal charges of Power Sector Assets and Liabilities Management Corporation (PSALM) will likely drive up electric bills of Filipino consumers in August billing […]
July 31, 2017

NEA seeks tax exemptions for electric coops

By Myrna M. Velasco – July 30, 2017, 10:01 PM from Manila Bulletin Through a legislative measure, the National Electrification Administration (NEA) is advancing tax exemption bid for the country’s 121 electric cooperatives (ECs) that are extending services to consumers in […]