February 25, 2020

San Miguel: Let courts rule on PSALM case vs SPPC

By Lenie Lectura -February 25, 2020 from Business Mirror San Miguel Corp. (SMC) criticized the government for releasing willy-nilly disputed figures to gain public approval in an ongoing case concerning the Ilijan power plant. The conglomerate has urged the Department […]
February 24, 2020

Return spot market operation to PEMC if WESM-Iemop deal is voided–solon

By Lenie Lectura -February 24, 2020 from Business Mirror THE operation of the electricity spot market should be returned to the Philippine Electricity Market Corp. (PEMC), at least for now, if the contract with Independent Electricity Market Operator of the Philippines […]
February 21, 2020

San Miguel power unit: We paid PSALM P315 billion as of January

By Lenie Lectura -February 21, 2020 from Business Mirror SAN Miguel Corp. (SMC) through its power unit, South Premiere Power Corp. (SPPC), has paid a total of P314.6 billion to the Power Sector Assets and Liabilities Management Corp. (PSALM) as of January […]
February 18, 2020

ERC rejects FIT-anchored RE pricing

By MYRNA M. VELASCO – Updated February 17, 2020, 11:05 AM from Manila Bulletin The Energy Regulatory Commission (ERC) has thumbed down proposals to anchor “green energy pricing” for new renewable energy (RE) projects to the degressed feed-in-tariff (FIT), with […]