August 22, 2024

TransCo seeks nod of ERC for higher FIT-All rate in 2025

By Lenie Lectura – August 22, 2024 from Business Mirror The National Transmission Corp. (TransCo) is seeking the approval of the Energy Regulatory Commission (ERC) for the implementation of a feed-in-tariff allowance (FIT-All) rate of P0.1006 per kilowatt hour (kWh) […]
August 21, 2024

Meralco to hold auction for 1,000-MW baseload supply

By Lenie Lectura – August 21, 2024 from Business Mirror The Manila Electric Co. (Meralco) said Tuesday it will resume the competitive selection process (CSP) for its 1,000-megawatt (MW) supply requirement. In a bid bulletin for the CSP of 600 […]
August 20, 2024

Credit metrics of San Miguel energy unit seen improving

By Lenie Lectura – August 20, 2024 from Business Mirror Financial research firm CreditSights said it looks forward to “better credit metrics” for San Miguel Global Power Holdings Corp. (SMGP) through the second half of the year, citing the power […]
August 19, 2024

ACEN plans to tap transition credits for coal-fired plant

By Lenie Lectura – August 19, 2024 from Business Mirror ACEN Corp., GenZero and Keppel Ltd. have signed a Memorandum of Understanding (MOU) to jointly explore the utilization of transition credits (TCs) to accelerate the retirement of the South Luzon […]