March 20, 2021

Electricity prices rise at spot market

By Alena Mae S. Flores – March 19, 2021 at 07:55 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines, which runs the Wholesale Electricity Spot Market, noted an increase in prices in March, averaging P4.23 per kilowatt-hour […]
March 12, 2021

Four groups interested in Malaya power plant

By Alena Mae S. Flores – March 11, 2021 at 07:35 pm from manilastandard.net Power Sector Assets and Liabilities Management Corp. said Thursday it is optimistic of selling the 650-megawatt Malaya Thermal Power Plant and its underlying land in Pililla, […]
March 10, 2021

Meralco announces second straight month of electricity cost reduction

By Alena Mae S. Flores – March 09, 2021 at 07:55 pm from manilastandard.net Manila Electric Co. said Tuesday consumers will enjoy lower power rates in March on lower generation cost and bill refund authorized by the Energy Regulatory Commission. […]
March 10, 2021

ACEN’s net profit jumps to P3.86b

By Alena Mae S. Flores – March 09, 2021 at 07:40 pm from manilastandard.net AC Energy Corp. said Tuesday net income surged to P3.869 billion in 2020 from P132.873 million in 2019. ACEN said in a disclosure to the stock […]