October 7, 2021

Global energy crisis draws new lines in coal’s trade map

By Bloomberg – October 5, 2021 | 8:45 pm from Business World REUTERS THE global energy crisis is reshaping trade routes for coal, illustrating the heightened demand for a fuel many considered on the downswing. China’s eastern province of Zhejiang […]
October 7, 2021

AC Energy switches on Rizal plant

BY LENIE LECTURA – OCTOBER 6, 2021 from Business Mirror AC Energy Corp. (ACEN), the power arm of conglomerate Ayala Corp., has switched on its 150megawatt (MW) diesel-fired power plant in Pililla, Rizal. The P1.9 billion diesel-fired power plant is […]
October 7, 2021

US-based investment firm hikes stake in First Gen

BY LENIE LECTURA – OCTOBER 6, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas Kohlberg Kravis Roberts & Co. (KKR) is investing P8.68 billion in First Gen Corp. which will allow the United States-based […]
October 6, 2021

Higher fees for WESM even without prior ERC approval pushed

By Myrna M. Velasco – October 5, 2021, 3:25 PM from Manila Bulletin On fears that the Wholesale Electricity Spot Market (WESM) will be operating with financial deficit, its governance body Philippine Electricity Market Corporation (PEMC) is seeking higher market […]