February 23, 2023

WESM prices rise above P1.00/kWh during Malampaya shutdown

By Myrna M. Velasco – February 23, 2023, 6:58 AM from Manila Bulletin Settlement prices at the Wholesale Electricity Spot Market (WESM) climbed by roughly P1.36 per kilowatt hour (kWh) on average on the two-week duration of the Malampaya gas […]
February 23, 2023

First Gen underscores decarbonization plan

By Alena Mae S. Flores – February 22, 2023, 7:25 pm from manilastandard.net The Philippines needs a decarbonization and adaptation plan to address the growing impact of climate change, the top executive of First Gen Corp. said Wednesday. “We need […]
February 22, 2023

SMPC to expand capacity of Zamboanga power plant

BY LENIE LECTURA – FEBRUARY 22, 2023 from Business Mirror San Miguel Consolidated Power Corp. (SMPC) is proposing to expand its 28megawatt (MW) gas turbine power plant project by another 28MW for P1.6 billion, bringing the total project cost to […]
February 22, 2023

Alternergy names new independent directors

BY LENIE LECTURA – FEBRUARY 22, 2023 from Business Mirror Alternergy Holdings Corp. (Alternergy) announced Tuesday the appointment of former Trade Secretary Gregory L. Domingo and Maria Theresa Marcial, President and CEO of BPI Wealth-A Trust Corp., as independent directors. […]