December 6, 2024

Reserve market billing to raise 2025 power rates

By Alena Mae S. Flores – December 5, 2024, 8:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from consumers to cover 70 percent of uncollected payments in the ancillary reserve market. This is […]
December 4, 2024

EDC eyes P30-b capex for drilling, growth projects

By Alena Mae S. Flores – December 3, 2024, 8:10 pm from manilastandard.net Geothermal power producer Energy Development Corp. is looking at a P30 billion capital expenditure budget for 2025, almost the same level as last year to finance its […]
November 28, 2024

Electric co-ops still slow in restoring power to the provinces

By Ray S. Eñano – November 27, 2024, 7:15 pm from manilastandard.net Lack of capital impedes the capacity of ECs to respond to disasters. Fallen electric poles and interrupted power services are the telltale damage of a violent typhoon. Time […]
November 26, 2024

MORE Power streamlines renewable energy application

By Alena Mae S. Flores – November 24, 2024, 7:45 pm from manilastandard.net MORE Electric and Power Corp. led by businessman Enrique Razon Jr. took steps to enhance its net-metering and distributed energy resources (DER) in a significant move towards […]