May 29, 2021
Published by admin at May 29, 2021
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WESM spot prices increased in May

By Alena Mae S. Flores – May 27, 2021 at 07:30 pm from manilastandard.net The average electricity prices at the Wholesale Electricity Spot Market, the trading floor of electricity, surged in May to nearly P8 per kilowatt-hour on increased demand […]
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May 28, 2021
Published by admin at May 28, 2021
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Legislation pushed to scrap FIT perks for RE projects

By Myrna M. Velasco – May 28, 2021, 6:00 AM from Manila Bulletin Congress is being urged to craft a legislative measure that shall seek to remove or renegotiate feed-in-tariff (FIT) incentives to renewable energy (RE) projects — given that […]
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May 28, 2021
Published by admin at May 28, 2021
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IEMOP activates secondary price cap

BY LENIE LECTURA – MAY 28, 2021 from Business Mirror The spike in Wholesale Electricity Spot Market (WESM) rates prompted the Independent Electricity Market Operator of the Philippines (IEMOP) to activate the secondary price cap, a price-mitigating mechanism designed to […]
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May 27, 2021
Published by admin at May 27, 2021
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First Gen borrows $308 million from 4 banks

BY LENIE LECTURA – MAY 27, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas First Gen Corp. (First Gen) has sealed a $308-million loan from four banks to refinance its debts and partly fund […]
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