July 4, 2024

June WESM prices softened 24% as rainy season starts

By Alena Mae S. Flores – July 3, 2024, 7:15 pm from manilastandard.net Preliminary rates at the Wholesale Electricity Spot Market (WESM) softened in June 2024 by 25 percent with the onset of the rainy season which brought cooler temperatures. […]
July 3, 2024

Groups ask regulator to deny Meralco’s fossil supply deals

By Alena Mae S. Flores – July 2, 2024, 9:40 pm from manilastandard.net The Power for People Coalition filed petitions with the Energy Regulatory Commission (ERC) to deny Meralco’s power supply contracts with four fossil fuel plants, which they claim […]
July 2, 2024

CREC, SLGP joint venture for Bataan solar plant project pushes through

By Alena Mae S. Flores – July 1, 2024, 10:40 am from manilastandard.net   Citicore Renewable Energy Corp. (CREC) said Monday its board has approved the proposed joint venture with San Miguel Global Light and Power Corp. (SGLP) for the […]
July 1, 2024

ERC proposes to cap reserve market price at P19 per kWh

By Alena Mae S. Flores – June 30, 2024, 7:10 pm from manilastandard.net The Energy Regulatory Commission (ERC) proposed an interim price cap of P19 per kilowatt-hour (kWh) for the reserve market, subject to consultations and additional data from power […]