February 3, 2020

PSALM to stop collecting universal charge for SCC

By Lenie Lectura – February 3, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management (PSALM) Corp. will no longer collect from consumers P0.0543 per kilowatt-hour (kWh) Universal Charge for Stranded Contract Costs (UC-SCC) starting this month. “This […]
January 31, 2020

Tight power supply, price spikes forecast for summer

By Lenie Lectura -January 31, 2020 from Business Mirror A lineman from Meralco checks on electric cables in San Andres, Manila, in this BusinessMirror file photo. WITH no new power supply to be generated anytime soon, the country’s independent electricity […]
January 30, 2020

Bid invite issued for Malaya

By Lenie Lectura -January 29, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management (PSALM) Corp. has issued a bid invite for the operation and maintenance service contract (OMSC) for the Malaya Thermal Power Plant (TPP). The state firm […]
January 30, 2020

Meralco’s RE arm Spectrum to add 20 MW to portfolio in 2020

By Lenie Lectura -January 29, 2020 from Business Mirror THE renewable-energy (RE) subsidiary of Manila Electric Co. (Meralco), Spectrum, is eyeing to add 20 megawatts (MW) to its portfolio this year, on the back of a strong demand for electricity. […]