August 10, 2019

WESM operator directed to refund P1.77 B by ERC

By Myrna M. Velasco – August 9, 2019, 10:00 PM from Manila Bulletin The operator of the Wholesale Electricity Spot Market (WESM) has been directed to refund P1.774 billion to its trading participants; due to “miscalculation” in the net settlement […]
August 9, 2019

Power supply deals need to undergo competitive process – SC

By Rey Panaligan – August 8, 2019, 4:36 PM from Manila Bulletin The Supreme Court (SC) has declared final its decision that ordered the conduct of competitive selection process (CSP) on all power supply agreements (PSAs) submitted by the country’s […]
August 8, 2019

WESM operations eyed to be shifted to PSE again

By Myrna M. Velasco – August 7, 2019, 10:00 PM from Manila Bulletin With targets to remerge the governing entity and the operating unit of the Wholesale Electricity Spot Market (WESM), proposals are being resuscitated that the operations of the […]
August 5, 2019

DOE reinforces contingency plan for energy facilities

By Myrna M. Velasco – August 4, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is reinforcing and at the same time harmonizing the contingency plans of industry players and stakeholders so they can be efficiently prepped for […]