December 7, 2024

ERC approves collection of P3B from consumers

By The Manila Times – December 6, 2024 POWER rates will go up next year as regulators have approved the collection of some P3.05 billion from consumers. The amount represents the remaining 70 percent of charges that power firms were […]
December 6, 2024

WESM prices rise in Nov

By Jed Macapagal – December 6, 2024 from Malaya Business Insight INITIAL average price of electricity in the Wholesale Electricity Spot Market (WESM) in the entire country in November slightly increased, according to the Independent Electricity Market Operator of the Philippines (IEMOP). […]
December 6, 2024

ERC cuts permit processing time

By Lenie Lectura – December 6, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has reduced the processing time of the various permits of power firms. On Thursday, the ERC said it has issued 3,959 Certificates of Compliance (COCs) […]
December 6, 2024

DOE moves third green energy auction to 2025

By Gabriell Christel Galang – Dec 5, 2024 04:59 PM from Manila Bulletin The Department of Energy (DOE) announced that it will move the Green Energy Auction (GEA)-3 to next year. During the 2024 Energy Investment Forum on Thursday, Dec. […]