Power News

March 25, 2020

Electricity prices at the spot market drop almost 40%

By Alena Mae S. Flores – March 24, 2020 at 09:15 pm from manilastandard.net The average prices at the Wholesale Electricity Spot Market plunged by almost 40 percent in the first week of the 30-day enhanced community quarantine as power […]
March 24, 2020

As power use dips, plants urged to scale down to save on costs

By Lenie Lectura -March 24, 2020 from Business Mirror WITH the decline in power consumption, particularly in the commercial and industrial sectors, conglomerate San Miguel Corp. (SMC) on Monday proposed that power plants scale down their production in order to save on […]
March 23, 2020

WESM continues trading amid Luzon lockdown

By Adam J. Ang – March 22, 2020 | 6:57 pm from Business World PIXABAY / JOHANNES PLENIO THE Wholesale Electricity Spot Market (WESM) is still operating during the enhanced community quarantine in Luzon. The Energy Regulatory Commission (ERC) said Saturday […]
March 23, 2020

FiT-All fund still sufficient to support renewables industry — TransCo

By Adam J. Ang – March 22, 2020 | 6:57 pm from Business World THE National Transmission Corp. (TransCo) said it still has a “sufficient” balance in the feed-in-tariff allowance (FiT-All) fund to aid renewable energy (RE) developers and help […]
March 23, 2020

DOE tells power firms to defer collection of payments for one month

By Myrna M. Velasco – March 21, 2020, 12:02 AM from Manila Bulletin Energy Secretary Alfonso G. Cusi has directed all players in the power industry to defer collection of financial obligations of their customers or off-takers (capacity purchases) in […]
March 23, 2020

Meralco studies options on power supply auctions

By Alena Mae S. Flores – March 22, 2020 at 09:50 pm from manilastandard.net Power retailer Manila Electric Co. is studying alternatives to eliminate face-to-face interactions in the competitive selection process for its 1,200-megawatt baseload power supply in the wake […]
March 21, 2020

Energy source on nature’s whim

Sorting out RE’s handicaps   By Myrna M. Velasco – March 21, 2020, 12:02 AM from Manila Bulletin Unequivocally, renewable energy (RE) and other clean energy technologies are flourishing energy sources that are going mainstream – not just capturing the […]
March 21, 2020

Meralco halts meter reading amid quarantine

By Alena Mae S. Flores – March 20, 2020 at 08:45 pm from manilastandard.net Power retailer Manila Electric Co. said it is holding off physical meter reading and bill deliveries amid the 30-day enhanced community quarantine. Meralco said that for […]
March 20, 2020

Power demand falls 30% amid Luzon community quarantine as economy slows

By Manila Standard – March 19, 2020 at 9:10 PM The enhanced community quarantine in Luzon reduced electricity demand by around 30 percent from the same period last year, based on the Energy Department’s monitoring. Energy Secretary Alfonso Cusi said […]
March 20, 2020

PSALM resets Malaya plant bidding to May 19

By Lenie Lectura -March 20, 2020 from Business Mirror The deadline for the submission of bids for the Third Round of Public Bidding for the Malaya Thermal Power Plant (MTPP) facility and lot had been moved to May 19, the […]