June 2, 2020

Demand from retail electricity users declines during lockdown

By Adam J. Ang – May 31, 2020 | 7:59 pm from Business World POWER consumption of retail customers at the Wholesale Electricity Spot Market (WESM) fell drastically as their businesses were shut during the quarantine period. The Independent Electricity […]
June 1, 2020

FIT fund shortfall seen

By Myrna M. Velasco – May 31, 2020, 10:00 PM from Manila Bulletin Despite the ₱7.325- billion balance reported as of end- May, the feed-in-tariff allowance (FIT-All) fund for renewable energy (RE) developments is projected to suffer deficiency this year […]
May 30, 2020

Higher spot market prices expected

By Jordeene B. Lagare – May 29, 2020 from The Manila Times Spot market prices for electricity are seen to increase on the assumption that quarantine restrictions in parts of Luzon and the Visayas would be eased further in June, […]
May 30, 2020

PECO invested P1.8 billion on network improvements

By Myrna M. Velasco – May 29, 2020, 3:36 PM from Manila Bulletin Panay Electric Company (PECO) poured in P1.8 billion worth of investments to upgrade, reinforce and expand its power distribution network in Iloilo City and sustained such asset […]