October 3, 2018

Senate working on 4 bills to lower electricity rates

By Lenie Lectura – October 2, 2018 from Business Mirror In Photo: Linemen from the National Grid Corp. of the Philippines promptly conduct a maintenance check on power lines to ensure the reliability of electricity supply in the Luzon grid. […]
October 1, 2018

EDC sees better results in H2 after 21% income decline in H1

By Lenie Lectura – October 1, 2018 from Business Mirror LOPEZ-LED Energy Development Corp. (EDC) is expected to perform better in the second half of 2018 after posting a 21-percent decline in net income during the first six months of […]
September 29, 2018

AboitizPower buys interest in AC Energy’s thermal uni

By Lenie Lectura – September 28, 2018 from Business Mirror ABOITIZ Power Corp. sealed a deal with AC Energy Inc. for the purchase of a stake in the latter’s thermal business, AA Thermal Inc., valued at $579.2 million. The transaction, subject […]
September 28, 2018

IEMOP takes over electricity spot market

By Lenie Lectura – September 27, 2018 from Business Mirror THE Independent Electricity Market Operator of the Philippines Inc. (IEMOP) on Wednesday formally took over the Wholesale Electricity Spot Market (WESM) from the Philippine Electricity Market Corp. (PEMC). The takeover […]