August 27, 2024

ERC clarifies ‘longstop date’ in PSAs

By Lenie Lectura – August 27, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has cautioned power generation companies against seeking for a termination of their power supply agreement (PSA) earlier than the prescribed period stated under relevant laws […]
April 26, 2024

Over 4,000 MW of supply set to come online

By Alena Mae S. Flores – April 25, 2024, 9:00 pm from manilastandard.net The Department of Energy (DOE) said Thursday said at least 4,164.92 megawatts (MW) of power projects will come online this year to augment the country’s energy infrastructure […]
March 6, 2024

Meralco seeks ERC approval for 1,800 MW of supply with lower rates for consumers

By Alena Mae S. Flores – March 5, 2024, 8:45 pm from manilastandard.net Power retailer Manila Electric Co. said Tuesday it filed for approval with the Energy Regulatory Commission three separate power supply agreements (PSA) covering 1,800-megawatt baseload requirement that […]
January 8, 2024

SMC, Aboitiz Power units submit lowest rates for Meralco supply

By Alena Mae S. Flores – January 7, 2024, 8:10 pm from manilastandard.net San Miguel Corp. and Aboitiz Power Corp., through their respective subsidiaries, submitted the lowest offers for Manila Electric Co.’s 1,800- megawatt baseload requirement. This followed the bid […]