September 14, 2024

NEA directs ECs to insure critical assets vs. calamities

By Alena Mae S. Flores – September 13, 2024, 7:50 pm from manilastandard.net The National Electrification Administration (NEA) asked electric cooperatives (ECs) to be ready in the event of serious calamities by obtaining insurance policies for their critical assets as […]
August 30, 2024

100% electrification to inject P315b to economy

By Alena Mae S. Flores – August 29, 2024, 7:45 pm from manilastandard.net Energy Secretary Raphael Lotilla said Thursday electric cooperatives (ECs) are crucial to meeting the government’s 100-percent electrification goal by 2028. “You are the driving force behind bringing […]
August 6, 2024

Power prices at spot market declined in July

By Alena Mae S. Flores – August 4, 2024, 8:25 pm from manilastandard.net THE Independent Electricity Market Operator of the Philippines (IEMOP) announced slightly lower systemwide power rates at the spot market in July amid lower demand. Preliminary data from […]
July 20, 2024

Research points to declining power rates in PH until 2030

By Alena Mae S. Flores – July 19, 2024, 9:40 pm from manilastandard.net A study by Aurora Energy Research forecasts lower electricity spot market prices starting this year until 2030 with the entry of more power plants and the shift […]