December 21, 2016

WESM expects power rates falling next year

by Alena Mae S. Flores – December 19, 2016 at 08:12 pm from Manila Standard Today Philippine Electricity Market Corp., the operator of the Wholesale Electricity Spot Market, expects power rates to sustain a downtrend next year, after settlement prices plunged to a […]
December 15, 2016

EDC asks govt not to rely on coal plants

by Alena Mae S. Flores – December 14, 2016 at 08:45 pm from Manila Standard Today Energy Development Corp. asked the government to support the development of more geothermal projects. EDC president and chief operating officer Richard Tantoco said the government should look […]
December 8, 2016

Buyout of IPP contracts eyed

by Alena Mae S. Flores – December 06, 2016 at 09:00 pm from Manila Standard Today Power Sector Assets and Liabilities Management Corp. has proposed buying out the independent power producer contracts of three plants in order to proceed with the eventual sale […]
December 7, 2016

Growth to raise demand for power

by Alena Mae S. Flores – December 06, 2016 at 08:40 pm from Manila Standard Today The Philippines will need additional power capacity of 17,338 megawatts by 2030 as energy demand is expected to continue to grow driven by projections of an eight […]