July 6, 2020

Surge in demand props up electricity spot-market rate

By Lenie Lectura – July 6, 2020 from Business Mirror Electricity spot-market price for June went up to P3.25 per kilowatt-hour (kWh), from P2.19 per kWh in the previous month, data released by the Independent Electricity Market Operator of the […]
July 6, 2020

EDC supports DOE’s geothermal target

By Alena Mae S. Flores – July 03, 2020 at 08:30 pm  from manilastandard.net Energy Development Corp. lauded the Energy Department for intensifying the development of geothermal energy to attain the targeted 35-percent renewable energy mix. “We highly welcome the […]
July 4, 2020

ERC orders refund of market fees

By Jordeene B. Lagare – July 4, 2020 from The Manila Times THE Energy Regulatory Commission (ERC) has ordered the refund of market fees that were overcollected from Luzon and Visayas trading participants at the Wholesale Electricity Spot Market (WESM), […]
July 4, 2020

Virus pandemic sees need for RE pivot

By Jordeene B. Lagare – July 4, 2020 from The Manila Times THE coronavirus disease 2019 (Covid-19) pandemic that struck the Philippines early this year has highlighted the need to pivot to renewables, the Energy Development Corp. (EDC) said on […]