April 29, 2020
Published by admin at April 29, 2020
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Viewpoint: Meralco asks DOE to delay bidding for 1,800-MW supply

By Lenie Lectura -April 28, 2020 from Business Mirror THE Manila Electric Company (Meralco) is asking the Department of Energy (DOE) to delay the conduct of a competitive auction for 1,800 megawatts (MW) of power capacity requirement. Meralco President Ray […]
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April 28, 2020
Published by admin at April 28, 2020
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LNG investment pulls down Meralco net income in Q1

By BusinessMirror -April 27, 2020 THE Manila Electric Company (Meralco) reported a 54-percent drop in reported net income to P2.61 billion in the first quarter of the year as it recognized an impairment of its liquefied natural gas (LNG) investment […]
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April 28, 2020
Published by admin at April 28, 2020
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Regulators back proposal to subsidize 50 kWh from poor users’ power bills

By Genshen L. Espedido – April 26, 2020 | 10:43 pm from Business World AFP A LEGISLATIVE-Executive panel is recommending that marginal power consumers be granted a subsidy equivalent to 50 kilowatt-hours off their electricity bills to help them through […]
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April 26, 2020
Published by admin at April 26, 2020
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Electricity market prices expected to increase post-ECQ

By Adam J. Ang – April 23, 2020 | 8:12 pm from Business World THE market operator of the Wholesale Electricity Spot Market (WESM) is expecting spot prices of electricity to increase in May, as demand is also projected to […]
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