February 5, 2025

WESM Jan electricity prices drop 14.3% on-month as demand wanes

By Jed Macapagal – February 5, 2025 from Malaya Business Insight The average price of electricity on the Wholesale Electricity Spot Market (WESM) for January dropped 14.3 percent from December across the country, preliminary figures from the Independent Electricity Market Operator of the Philippines […]
January 23, 2025

PSALM extension hurdles Senate

By Butch Fernandez – January 22, 2025 from Business Mirror The Senate approved on third and final reading Senate Bill (SB) 2837, which extends the corporate term of the Power Sector Assets and Liabilities Management Corp. (PSALM). The bill will […]
January 7, 2025

ERC to review $3-B LNG deal after PCC approval

By Sheldeen Joy Talavera – January 7, 2025 | 12:04 am from Business World BW FILE PHOTO THE ENERGY Regulatory Commission (ERC) said it will review the $3-billion energy landmark deal between Manila Electric Co. (Meralco), Aboitiz Power Corp. (AboitizPower), […]
January 25, 2024

Power producers fined P60m over outages

By Alena Mae S. Flores – January 24, 2024, 9:10 pm from manilastandard.net The Energy Regulatory Commission (ERC) said Wednesday it imposed around P60 million in penalties against generation companies (gencos) for alleged violation of the Reliability Index. It said […]