April 8, 2021

Bid deadline for Malaya plant moved

By Jordeene B. Lagare – April 7, 2021 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (Psalm) has moved the bid submission deadline for the sale of the 650-megawatt Malaya Thermal Power Plant. In a statement […]
April 7, 2021

NEA forms task force to run Misamis Oriental cooperative

By Alena Mae S. Flores – April 06, 2021 at 08:45 pm from manilastandard.net The National Electrification Administration said Tuesday it intervened in the management of an electric cooperative in Misamis Oriental through the creation of a task force to […]
April 7, 2021

Plant outages, Malampaya gas restriction triggering power rate spikes

By Myrna M. Velasco – April 6, 2021, 11:45 AM from Manila Bulletin Despite stifled demand because of the re-imposition of enhanced community quarantine (ECQ) in the so-called NCR plus bubble, prices in the Wholesale Electricity Spot Market (WESM) have […]
April 6, 2021

ERC junks PSALM appeal to collect universal charge

By LENIE LECTURA – APRIL 6, 2021 from Business Mirror The Energy Regulatory Commission (ERC) has denied a motion for reconsideration sought by the Power Sector Assets and Liabilities Management Corp. (PSALM) to recover a total of P10.843 billion from […]