June 25, 2021

Melchor Ridulme named NAPOCOR OIC

By Jordeene B. Lagare – June 24, 2021 from The Manila Times THE National Power Corp. (Napocor) has appointed Melchor Paz Ridulme as officer-in-charge (OIC) following the demise of Napocor President and Chief Executive Officer (CEO) Pio Benavidez. Ridulme, Napocor’s […]
June 25, 2021

DoE to regulate reserve power procurement, require 5-year forecasts from NGCP

By Angelica Y. Yang – June 23, 2021 | 9:09 pm from Business World THE Department of Energy (DoE) said it will set a competitive process for the grid operator’s procurement of reserve power, known as ancillary services (AS), and […]
June 24, 2021

Drop in power demand cuts spot market prices–IEMOP

BY LENIE LECTURA – JUNE 23, 2021 from Business Mirror The average Wholesale Electricity Spot Market (WESM) price dropped to P6.53 per kilowatt hour (kWh) from June 1 to 20 as demand for electricity eased compared to last month. “For […]
June 24, 2021

NCIP shutters Benguet hydropower plants

BY LENIE LECTURA – JUNE 23, 2021 from Business Mirror The National Commission on Indigenous Peoples in the Cordillera Administrative Region (NCIP-CAR) has ordered Aboitiz Power Corp.’s unit to halt the operations of its run-of-river hydropower plants in Benguet. Aboitiz […]