June 30, 2017

PSALM seeks ERC approval for true-up rates adjustment

By Lenie Lectura – June 29, 2017 from Business Mirror Power rates in Luzon may go down by P0.556 per kilowatt-hour (kWh) should the Energy Regulatory Commission (ERC) approve the adjustment in the fuel and foreign exchange costs of the Power Sector Assets […]
June 29, 2017

Citicore Power seeking DOE okay for 1,000-MW goal for RE projects

By Lenie Lectura – June 28, 2017 from Business Mirror CITICORE Power Inc. (CPI) is actively pursuing hydropower investments to meet its 1,000 megawatt (MW) capacity target of renewable energy (RE). The company, currently an active member of the PhilHydro Association Inc., said on Wednesday it has […]
June 29, 2017

Groups urge ERC to thrash Meralco’s ‘shady’ PSA deals

By Lenie Lectura – June 28, 2017 from Business Mirror Members of civil society and representatives of communities and consumers affected by the operations of coal-fired power plants filed on Wednesday before the Energy Regulatory Commission (ERC) separate petitions for intervention regarding Manila […]
June 29, 2017

PEMC launches trial operations of Mindanao power spot market

By Lenie Lectura – June 28, 2017 from Business Mirror A total of 41 firms participated in the trial operations for a spot market in Mindanao, the Philippine Electricity Market Corp. (PEMC) said on Wednesday. The trial operations of the Wholesale Electricity Spot […]