February 28, 2024

Limay Power submits best bid for Meralco’s 400-MW supply

By Alena Mae S. Flores – February 27, 2024, 7:35 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said Tuesday said it secured the best bid from Limay Power Inc. through a competitive selection process (CSP) for its 400-megawatt […]
February 15, 2024

Exec: Meralco to issue refund

By Lenie Lectura – February 15, 2024 from Business Mirror The Manila Electric Co. (Meralco) said Wednesday it will likely start processing refunds next month after it was called out by the Energy Regulatory Commission (ERC) for passing on to […]
February 14, 2024

Power spot market prices lower in 2023

By Patrick Miguel – February 14, 2024 | 12:00am from The Philippine Star Based on ERC’s market analysis, the average effective spot settlement price (ESSP) for all grids across the Philippines stood at P6.505 per kilowatt-hour, more than P1 cheaper […]
February 14, 2024

ERC asks Meralco to validate costs of power suppliers

By Alena Mae S. Flores – February 13, 2024, 8:20 pm from manilastandard.net The Energy Regulatory Commission (ERC) on Tuesday asked Manila Electric Co. to validate the costs of power suppliers before passing them to consumers. It renewed its call […]