May 2, 2024

Meralco to tap spot market for 260-MW peaking supply

By Alena Mae S. Flores – May 1, 2024, 7:50 pm from manilstandard.net Power retailer Manila Electric Co. plans to source its 260-megawatt peaking capacity requirement from the Wholesale Electricity Spot Market, where prices are more volatile due to lack […]
May 2, 2024

Aboitiz Power unit to invest $1b in LNG complex

By Alena Mae S. Flores – April 30, 2024, 7:45 pm from manilastandard.net Aboitiz Power Corp. subsidiary Therma Quezon Energy Inc. (TQE) proposed to develop a 1,310-megawatt combined cycle gas power plant (CCPT) in Pagbilao, Quezon and a liquefied natural […]
May 2, 2024

AboitizPower’s solar plant adds new capacity to the grid amid tight supply

By Alena Mae S. Flores – April 30, 2024, 7:25 pm from manilastandard.net Aboitiz Renewables Inc. (ARI), the renewable energy (RE) arm of Aboitiz Power Corp., said Tuesday the timely testing and commissioning of the 159-megawatt peak (MWp) Laoag Solar […]
April 30, 2024

Higher power demand seen in May

By Alena Mae S. Flores – April 29, 2024, 9:00 pm from manilastandard.net Power demand could further increase in May after it reached a peak of 9,301 megawatts on April 24, surpassing the 2024 and 2025 forecasts, the country’s largest […]