January 18, 2017

WESM Dec. 2016 billing rate lowest since January 2011–PEMC

By Lenie Lectura – January 7, 2017 from Business Mirror Market prices in the Wholesale Electricity Spot Market (WESM) went down to P2.28 per kilowatt-hour (kWh) for the December 2016 billing period, the lowest since January 2011. Philippine Electricity Market Corp. (PEMC) said […]
January 12, 2017

DOE may lower WESM secondary price cap during Malampaya shutdown

By Lenie Lectura – January 10, 2017 from Business Mirror THE Department of Energy (DOE) has raised the possibility of further lowering the secondary price cap in the Wholesale Electricity Spot Market (WESM) to cushion the possible impact during the 20-day shutdown of […]
January 11, 2017

ERC issues COC, COE to 17 solar-power providers under 2nd round of FiT scheme

By Lenie Lectura – January 9, 2017 from Business Mirror THE Energy Regulatory Commission (ERC) has issued certificates of compliance (COCs) to solar-power providers under the second round of the feed-in-tariff (FiT) scheme. “We already completed the issuance of COCs for the solar-power […]
January 5, 2017

AC Energy to sell hydro projects to concentrate on other RE sources

By Lenie Lectura – January 3, 2017 from Business Mirror AC Energy Holdings Inc., the power arm of conglomerate Ayala Corp., is letting go of its hydro investments to focus on other renewable-energy (RE) sources. In a disclosure to the stock exchange on Tuesday,  AC […]