March 25, 2020

Electricity prices at the spot market drop almost 40%

By Alena Mae S. Flores – March 24, 2020 at 09:15 pm from manilastandard.net The average prices at the Wholesale Electricity Spot Market plunged by almost 40 percent in the first week of the 30-day enhanced community quarantine as power […]
March 24, 2020

As power use dips, plants urged to scale down to save on costs

By Lenie Lectura -March 24, 2020 from Business Mirror WITH the decline in power consumption, particularly in the commercial and industrial sectors, conglomerate San Miguel Corp. (SMC) on Monday proposed that power plants scale down their production in order to save on […]
March 23, 2020

WESM continues trading amid Luzon lockdown

By Adam J. Ang – March 22, 2020 | 6:57 pm from Business World PIXABAY / JOHANNES PLENIO THE Wholesale Electricity Spot Market (WESM) is still operating during the enhanced community quarantine in Luzon. The Energy Regulatory Commission (ERC) said Saturday […]
March 23, 2020

FiT-All fund still sufficient to support renewables industry — TransCo

By Adam J. Ang – March 22, 2020 | 6:57 pm from Business World THE National Transmission Corp. (TransCo) said it still has a “sufficient” balance in the feed-in-tariff allowance (FiT-All) fund to aid renewable energy (RE) developers and help […]