March 27, 2023

IEMOP: Time to review, but not junk, the SPC on traded power

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror THE Independent Electricity Market Operator of the Philippines (IEMOP) agrees that the secondary price cap (SPC), a mechanism that puts a ceiling on traded power whenever prices shoot up in […]
March 25, 2023

First Gen’s reported 5% increase in recurring income to P265m in 2022

By Alena Mae S. Flores – March 24, 2023, 7:40 pm from manilastandard.net First Gen Corp., the Lopez Group‘s clean and renewable energy provider, said Friday its recurring net income went up 5 percent in 2022 to $265 million (P14.3 […]
March 25, 2023

ERC asked to review VAT treatment of system losses

By Beatriz Marie D. Cruz – March 22, 2023 | 8:28 pm from Business World A LEGISLATOR representing power cooperatives asked the Energy Regulatory Commission (ERC) on Wednesday to review its value-added tax (VAT) policy governing system losses, disputing this […]
March 25, 2023

Geothermal, hydro, wind sites on offer in 4th auction round

By Ashley Erika O. Jose – March 22, 2023 | 8:32 pm from Business World THE Department of Energy (DoE) said it has selected 19 sites to be offered this year for the fourth round of the open and competitive […]