February 5, 2025

WESM Jan electricity prices drop 14.3% on-month as demand wanes

By Jed Macapagal – February 5, 2025 from Malaya Business Insight The average price of electricity on the Wholesale Electricity Spot Market (WESM) for January dropped 14.3 percent from December across the country, preliminary figures from the Independent Electricity Market Operator of the Philippines […]
February 1, 2025

ERC approves working group to probe contractor ‘damage’ to NGCP Cebu

By Jed Macapagal – January 31, 2025 from Malaya Business Insight The Energy Regulatory Commission (ERC) has approved the creation of a technical working group (TWG) tasked to investigate damage sustained by the National Grid Corporation of the Philippines’ (NGCP) […]
January 20, 2025

Semirara Mining sets 2025 capex at P6.9B

By Jed Macapagal – January 20, 2025 from Malaya Business Insight Semirara Mining and Power Corp. (SMPC) is preparing to spend as much as P6.9 billion for capital expenditure (capex) this year. The company said in a statement over the […]
January 17, 2025

Meralco, ABS-CBN renews retail power supply deal

By Jed Macapagal – January 17, 2025 from Malaya Business Insight Local retail electricity supplier MPower, a unit of Manila Electric Co. (Meralco), has renewed a retail supply agreement with ABS-CBN Corp. covering its main buildings in Quezon City. The […]