March 22, 2024

First Gen’s income rises 4% to $277m on LNG business

By Alena Mae S. Flores – March 21, 2024, 7:55 pm from manilastandard.net First Gen Corp. of the Lopez Group on Thursday reported a 4-percent increase in attributable recurring net income to $277 million (P15.4 billion) in 2023 from $265 […]
March 20, 2024

ERC names 5 biggest power generators

By Alena Mae S. Flores – March 19, 2024, 8:00 pm from manilastandard.net The Energy Regulatory Commission identified the five dominant players in the power generation sector led by Aboitiz Equity Ventures with a national market share of 22.47 percent […]
March 14, 2024

PH electricity pricing: Is imported LNG pricier than Malampaya gas?

By Ray S. Eñano – March 13, 2024, 6:45 pm from manilastandard.net “The Malampaya gas producer believes so—but Meralco thinks otherwise.” The results of the supply auction for 1,200 megawatts of electricity have elicited mixed responses from contending major generation […]
February 28, 2024

Meralco asks ERC to allow recovery of LNG fuel costs

By Alena Mae S. Flores – February 27, 2024, 8:05 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) asked the Energy Regulatory Commission (ERC) to act on its joint pleading with First Gen Corp. to allow the recovery of […]