May 18, 2024

Ancillary rates seen increasing P0.10 per kWh

By Alena Mae S. Flores – May 16, 2024, 8:00 pm from manilastandard.net Grid operator National Grid Corp. of the Philippines expects an average increase of more than P0.10 per kilowatt-hour (kWh) in the ancillary charges of consumers in the […]
May 16, 2024

PetroEnergy registered 7% income growth to P186m in three months

By Alena Mae S. Flores – May 15, 2024, 7:20 pm from manilastandard.net PetroEnergy Resources Corp. (PERC) of the Yuchengco Group said Wednesday consolidated net income attributable to equity holders of the parent company climbed 7 percent in the first […]
May 16, 2024

Repower earned P70.1m in Q1

By Alena Mae S. Flores – May 15, 2024, 7:15 pm from manilastandard.net Repower Energy Development Corp. said Wednesday it posted a net income of P70.1 million in the first quarter of 2024, a 32-percent increase from P52.8 million a […]
May 16, 2024

ERC partially lifts P1.7-b reserve market settlement

By Alena Mae S. Flores – May 15, 2024, 7:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) ordered the partial lifting of the suspension on settlement amounts in the Reserve Market to allow power generators to partially recover costs […]