February 25, 2020
Published by admin at February 25, 2020
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EDC inks MOA with host communities

By Lenie Lectura -February 25, 2020 from Business Mirror ENERGY Development Corporation (EDC) has committed to set aside one centavo per kilowatt-hour (P0.01/kWh) of its total electricity sales to its host communities. A memorandum of agreement (MOA) was signed recently […]
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February 24, 2020
Published by admin at February 24, 2020
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Psalm sees P1.7-B borrowing costs yearly on bad accounts

By Butch Fernandez -February 24, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) warned it will incur an annual borrowing cost of about P1.7 billion a year should the P33.62 billion in delinquent accounts remain […]
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February 24, 2020
Published by admin at February 24, 2020
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DOE scrambles to ease summer power supply

By MYRNA M. VELASCO – February 22, 2020, 10:00 PM from Manila Bulletin The Department of Energy (DOE) assured consumers of “enough power supply,” but it stopped short of admitting that the country’s electricity system is actually on “life support” […]
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February 24, 2020
Published by admin at February 24, 2020
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Return spot market operation to PEMC if WESM-Iemop deal is voided–solon

By Lenie Lectura -February 24, 2020 from Business Mirror THE operation of the electricity spot market should be returned to the Philippine Electricity Market Corp. (PEMC), at least for now, if the contract with Independent Electricity Market Operator of the Philippines […]
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