December 24, 2024

Petro Energy expands renewable footprint with new solar plant

By Gabriell Christel Galang – Dec 23, 2024 11:46 AM from Manila Bulletin Yuchengco-led Petro Energy Resources Corp. (PERC) announced that its San Jose Solar Power Plant in Nueva Ecija has begun exporting renewable energy to the Luzon grid, its […]
December 7, 2024

ERC approves collection of P3B from consumers

By The Manila Times – December 6, 2024 POWER rates will go up next year as regulators have approved the collection of some P3.05 billion from consumers. The amount represents the remaining 70 percent of charges that power firms were […]
December 6, 2024

WESM prices rise in Nov

By Jed Macapagal – December 6, 2024 from Malaya Business Insight INITIAL average price of electricity in the Wholesale Electricity Spot Market (WESM) in the entire country in November slightly increased, according to the Independent Electricity Market Operator of the Philippines (IEMOP). […]
December 6, 2024

Reserve market billing to raise 2025 power rates

By Alena Mae S. Flores – December 5, 2024, 8:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from consumers to cover 70 percent of uncollected payments in the ancillary reserve market. This is […]