October 28, 2021

DOE issues rules on contracting AS

BY LENIE LECTURA – OCTOBER 27, 2021 from Business Mirror THE Department of Energy (DOE) on Wednesday released a circular that establishes the competitive bidding process for the procurement of reserve power by the country’s system operator (SO). Signed last […]
October 18, 2021

‘Malampaya maintenance work is progressing well’

BY LENIE LECTURA – OCTOBER 18, 2021 from Business Mirror Maintenance work at the Malampaya gas facility is “progressing well” and will be completed on time, the operator of the gas field said. According to Shell Exploration B.V. (Spex), completion […]
October 6, 2021

Higher fees for WESM even without prior ERC approval pushed

By Myrna M. Velasco – October 5, 2021, 3:25 PM from Manila Bulletin On fears that the Wholesale Electricity Spot Market (WESM) will be operating with financial deficit, its governance body Philippine Electricity Market Corporation (PEMC) is seeking higher market […]
September 27, 2021

‘Power reserves market to launch in 2022’

BY LENIE LECTURA – SEPTEMBER 27, 2021 from Business Mirror Photo from www.iemop.ph THE target date for the trading of power reserves in the spot market would be moved to 2022, the Independent Electricity Market Operator of the Philippines (IEMOP) […]