November 1, 2023

DOE lists winning bidders for geothermal, wind contracts in 4th selection round

By Alena Mae S. Flores – October 31, 2023, 8:55 pm from manilastandard.net The Department of Energy on Tuesday identified the winners for geothermal and wind pre-determined areas (PDAs) following the 4th Open and Competitive Selection Process (OCSP4). PDAs refer […]
November 1, 2023

Semirara’s nine-month income dropped 37%

By Alena Mae S. Flores – October 31, 2023, 8:40 pm from manilastandard.net Semirara Mining and Power Corp. (SMPC) said Tuesday its nine-month net income fell 37 percent to P22.6 billion from P35.9 billion a year ago on lower coal […]
November 1, 2023

AboitizPower, WalterMart renew retail energy supply partnership

By Manila Standard Business – October 31, 2023, 10:33 am Signing the retail energy supply deal are (from left) AboitizPower senior assistant vice president for retail sales Gina Camacho-David, AboitizPower first vice president for retail James Byron Yu, AboitizPower senior […]
November 1, 2023

IEMOP: Power spot market prices in Luzon up in October

By Lenie Lectura – October 30, 2023 from Business Mirror The average electricity spot market prices in Luzon as of October 28 rose to P6.74 per kilowatt hour (kWh) from the previous month’s average of P4.87 per kWh, as plant […]