Power News

March 6, 2025

Hot weather lifts power prices at spot market

By Alena Mae S. Flores – March 5, 2025, 8:15 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) reported a surge in the average price at the Wholesale Electricity Spot Market (WESM) this week. The IEMOP […]
March 6, 2025

P1.5-B Batangas solar farm underway

By Maria Bernadette Romero – 05 Mar 2025, 20:03 from Daily Tribune Energy Assistant Secretary Mario Marasigan said the project helps advance the government’s renewable energy targets. Wyn Power executives along with government officials led the groundbreaking ceremony for the […]
March 6, 2025

First yellow alert raised in Luzon

By Sheldeen Joy Talavera – March 5, 2025 | 10:06 pm from Business World ANDREY METELEV-UNSPLASH A YELLOW ALERT was raised over the Luzon grid on Wednesday amid higher forecasted demand and power plants that were on forced outages, the […]
March 5, 2025

Increased power supply drives down WESM prices in February

By Gabriell Christel Galang – Mar 5, 2025 10:10 AM from Manila Bulletin The Independent Electricity Market Operator of the Philippines (IEMOP) reported a decline in Wholesale Electricity Spot Market (WESM) prices in February due to increased supply in the […]
March 5, 2025

SteelAsia powers Bulacan plant with solar energy

By Maria Bernadette Romero – 04 Mar 2025, 16:15 from Daily Tribune   Officers from SteelAsia and TotalEnergies ENEOS visit the 1.9 MWp solar rooftop photovoltaic system in the SteelAsia’s Meycauayan steel plant during the project’s commissioning. Photo courtesy of […]
March 5, 2025

Meralco seals pact with Kepco

By Lenie Lectura – March 4, 2025 from Business Mirror The Manila Electric Co. (Meralco) and the Korea Electric Power Corp. (Kepco) are collaborating to accelerate the adoption of “cutting-edge” technologies in the Philippine energy industry. The two companies signed […]
March 4, 2025

ERC streamlines dispute resolution process

By Maria Bernadette Romero – 03 Mar 2025, 20:18 from Daily Tribune The Energy Regulatory Commission (ERC) has adopted the ERC Alternative Dispute Resolution (ADR) Policy and Manual to streamline dispute resolution processes in the energy sector. ERC Chairperson and […]
March 4, 2025

Weak coal prices pull down earnings of Semirara in 2024

By Lenie Lectura – March 3, 2025 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) posted a 30-percent decline in earnings last year due to “normalizing” energy markets. In a report to the stock exchange Monday,  SMPC said […]
March 3, 2025

MGEN subsidiary expects to exceed 1,500MW target

By Lenie Lectura – March 3, 2025 from Business Mirror MERALCO PowerGen Corp. (MGen) subsidiary MGEN Renewable Energy Inc. (MGreen) expects to exceed its renewable energy (RE) target of 1,500 megawatts (MW) by 2030 from the current 344.5MW. For this […]
March 3, 2025

First Gen to install 638-KWp solar project at Oakridge Business Park

By Gabriell Christel Galang – Mar 3, 2025 05:05 AM from Manila Bulletin Lopez-led renewable energy (RE) provider First Gen Corporation (FGen) and real estate firm Oakridge Realty Development Corporation (ORDC) have partnered to integrate solar power in the latter’s […]