March 22, 2023

P10-P15/kWh hike in WESM secondary cap proposed by GenCos

BY MYRNA M. VELASCO – Mar 21, 2023 2:12 PM from Manila Bulletin A spike in the secondary price cap for the Wholesale Electricity Spot Market (WESM) to the tune of P10,000 to P15,000 per megawatt hour (MWh) – or […]
March 22, 2023

Meralco in talks with Aboitiz, SMC for 670-MW emergency supply deal

By Alena Mae S. Flores – March 20, 2023, 7:50 pm from manilastandard.net Power retailer Manila Electric Co. said Monday it is finalizing a one-year 670-megawatt emergency power supply agreement with Aboitiz Power Corp. and San Miguel Corp. to replace […]
March 20, 2023

ERC mulls establishment of ‘rate affordability tracker’

BY MYRNA M. VELASCO – Mar 19, 2023 6:59 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is seriously considering the establishment of ‘rate affordability tracker,’ so the Filipino consumers can be apprised on the measures as well as […]
March 20, 2023

More power plant delays to further strain Luzon’s summer supply

BY MYRNA M. VELASCO – March 19, 2023 6:58 PM from Manila Bulletin AT A GLANCE Delayed power plants, BESS and transmission projects to further strain Luzon grid supply Luzon to suffer more instances of ‘yellow alerts’ or insufficiency of […]