July 31, 2024

ERC lifts reserve market’s settlement suspension

BY MYRNA M. VELASCO – Jul 30, 2024 05:23 PM from Manila Bulletin AT A GLANCE With the lifting of the settlement suspension, the uncollected amounts during the enforcement of that rule will already be recouped and passed on to […]
May 18, 2024

Ancillary rates seen increasing P0.10 per kWh

By Alena Mae S. Flores – May 16, 2024, 8:00 pm from manilastandard.net Grid operator National Grid Corp. of the Philippines expects an average increase of more than P0.10 per kilowatt-hour (kWh) in the ancillary charges of consumers in the […]
May 16, 2024

ERC partially lifts P1.7-b reserve market settlement

By Alena Mae S. Flores – May 15, 2024, 7:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) ordered the partial lifting of the suspension on settlement amounts in the Reserve Market to allow power generators to partially recover costs […]
March 28, 2024

Power spot prices rise in early March

By Sheldeen Joy Talavera – March 26, 2024 | 9:07 pm from Business World BW FILE PHOTO ELECTRICITY spot market prices rose in the first two weeks of March as the margin between supply and demand narrowed, the Independent Electricity Market […]