February 15, 2020

ERC backpedals on WESM secondary cap’s reduction

By MYRNA M. VELASCO – February 14, 2020, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is backpedaling on proposals to lower the secondary cap of traded capacity in the Wholesale Electricity Spot Market (WESM), which should have […]
February 14, 2020

First Gen hikes authorized capital stock to ₱13.2 billion

By Myrna M. Velasco – February 13, 2020, 10:00 PM from Manila Bulletin Lopez-owned First Gen Corporation will increase its authorized capital stock to ₱13.2 billion from currently at ₱11.6 billion, to be executed through the generation of additional preferred […]
February 11, 2020

ERC pushes ‘stricter scrutiny’ of power plants’ outages

By MYRNA M. VELASCO – February 10, 2020, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) will “uncompromisingly” dissect the root causes of forced outages of power plants, especially at periods when supply-demand condition traverses critical levels. ERC […]
February 10, 2020

NEA secures higher budget of ₱2.29 B

By MYRNA M. VELASCO – February 8, 2020, 10:00 PM from Manila Bulletin The budget of the National Electrification Administration (NEA) to bring electricity access even to the remotest villages (barangays) of the country had been jacked up to ₱2.299 […]