December 28, 2024

ACEN extends maturity of P4.7-B Greencore loan

By Ed Paolo Salting – December 28, 2024 from The Manila Times ACEN Corp. on Friday said that its executive committee had approved the extension of the maturity of a P4.7-billion loan provided to Greencore Power Solution 3, a joint […]
December 27, 2024

Meralco sees 6.3% hike in sales volume

By Lorenz S. Marasigan – December 27, 2024 from Business Mirror MANILA Electric Co. (Meralco) expects its consolidated sales volume to expand by 6.3 percent in 2024, projecting an increase from 51,044 gigawatt-hours (GWh) in 2023 to a forecasted 54,259 […]
December 27, 2024

ERC defers green energy auction allowance guidelines, citing unresolved issues

By Gabriell Christel Galang – Dec 26, 2024 01:53 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has deferred the release of guidelines for the Green Energy Auction Allowance (GEA-All) and the Renewable Energy Payment Agreement (REPA) for the […]
December 26, 2024

ERC caps reserve market price at P25/kilowatt-hour

By Sheldeen Joy Talavera – December 26, 2024 | 12:04 am from Business World PHILSTAR FILE PHOTO  THE Energy Regulatory Commission (ERC) has set the ceiling price for the power reserve market at P25 per kilowatt-hour (kWh), subject to review […]