July 17, 2023

ERC to set new prices for unsubscribed RE capacity

BY MYRNA M. VELASCO – Jul 16, 2023 10:49 PM from Manila Bulletin AT A GLANCE The widely-perceived low GEAR prices had been partly blamed for the less-than-desired outcome of the RE capacity auction, as committed deliveries just hovered at […]
July 15, 2023

NEA grants P560m worth of loans to electric cooperatives

By Alena Mae S. Flores – July 14, 2023, 8:15 pm from manilastandard.net The National Electrification Administration said it granted P560.66 million worth of loans to 18 electric cooperatives as of end-June 2023. Data gathered from the NEA’s accounting management […]
July 15, 2023

APC Group awarded geothermal contract

By Alena Mae S. Flores – July 14, 2023, 8:00 pm from manilastandard.net The Department of Energy awarded a new geothermal service contract to APC Group Inc. through subsidiary Aragorn Power and  Energy Corp. APC said in a disclosure to […]
July 14, 2023

PEMC slaps P400,000 fine vs. First Gas Power

By Alena Mae S. Flores – July 13, 2023, 7:55 pm from manilastandard.net The Philippine Electricity Market Corp., the governing body of the Wholesale Electricity Spot Market, imposed a P400,000 fine on First Gen Corp.’s subsidiary First Gas Power Corp. […]