December 18, 2024

Spot market power prices decline on softer demand, cooler weather

By Alena Mae S. Flores – December 17, 2024, 8:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) declined in the first two […]
December 18, 2024

Baguio City, Benguet see power rate increase this December

By Artemio Dumlao – December 16, 2024 | 2:37pm from Philstar.com November 2024 photo shows maintenance works of Benguet Electric Cooperative (BENECO). BAGUIO CITY — Power rates in Baguio City and Benguet province have been increased this December, following adjustments […]
December 17, 2024

How First Gen is expanding its portfolio to meet PHL’s power demand

By Sheldeen Joy Talavera – December 17, 2024 | 12:05 am from Business World FIRST GEN Corp. is diversifying its energy portfolio to meet the Philippines’ power demand, with a strong focus on renewable energy sources like geothermal and solar. […]
December 17, 2024

ACEN eyes 1.2-GW of additional capacity in 2025

By Gabriell Christel Galang – Dec 16, 2024 04:19 PM from Manila Bulletin Ayala-led ACEN Corporation has set a target of adding 1.2 gigawatts (GW) of operational capacity by 2025. In a briefing on Monday, Dec. 16, Eric Francia, ACEN […]