December 18, 2024

Spot market power prices decline on softer demand, cooler weather

By Alena Mae S. Flores – December 17, 2024, 8:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) declined in the first two […]
December 16, 2024

DOE pushes clean energy transition

By Alena Mae S. Flores – December 16, 2024, 1:05 am from manilastandard.net Energy Secretary Raphael Lotilla The Department of Energy challenged developers and financiers to design long-term financing mechanisms for high-capital-expenditure power projects. It said this would support the […]
December 13, 2024

DOE to hold auction for offshore wind projects in Q3 next year

By Alena Mae S. Flores – December 12, 2024, 7:15 pm from manilastandard.net The Department of Energy (DOE) said Thursday it will hold the 5th Round of the Green Energy Auction Program (GEA-5), exclusively dedicated to offshore wind projects, in […]
December 11, 2024

PH renewable energy market to open Dec. 26

By Alena Mae S. Flores – December 10, 2024, 7:05 pm from manilastandard.net The Department of Energy (DOE) said Tuesday the renewable energy market (REM) will start full commercial operations on Dec. 26, 2024 after all critical preparatory activities were […]