March 24, 2020

As power use dips, plants urged to scale down to save on costs

By Lenie Lectura -March 24, 2020 from Business Mirror WITH the decline in power consumption, particularly in the commercial and industrial sectors, conglomerate San Miguel Corp. (SMC) on Monday proposed that power plants scale down their production in order to save on […]
March 23, 2020

WESM continues trading amid Luzon lockdown

By Adam J. Ang – March 22, 2020 | 6:57 pm from Business World PIXABAY / JOHANNES PLENIO THE Wholesale Electricity Spot Market (WESM) is still operating during the enhanced community quarantine in Luzon. The Energy Regulatory Commission (ERC) said Saturday […]
March 23, 2020

DOE tells power firms to defer collection of payments for one month

By Myrna M. Velasco – March 21, 2020, 12:02 AM from Manila Bulletin Energy Secretary Alfonso G. Cusi has directed all players in the power industry to defer collection of financial obligations of their customers or off-takers (capacity purchases) in […]
March 20, 2020

Power demand falls 30% amid Luzon community quarantine as economy slows

By Manila Standard – March 19, 2020 at 9:10 PM The enhanced community quarantine in Luzon reduced electricity demand by around 30 percent from the same period last year, based on the Energy Department’s monitoring. Energy Secretary Alfonso Cusi said […]