September 16, 2023

ERC approves amended price scheme for reserve market

By Alena Mae S. Flores – September 15, 2023, 8:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) granted preliminary approval to the application of Philippine Electricity Market Corp. (PEMC) and the Independent Electricity Market Operator of the Philippines Inc.  […]
September 15, 2023

First Gen, CENECO sign 20-MW supply contract

By Alena Mae S. Flores – September 14, 2023, 9:15 pm from manilastandard.net First Gen Corp. said Thursday it signed a contract with Central Negros Electric Cooperative for 20 megawatts of baseload supply. The signing concluded CENECO’s competitive selection process […]
September 15, 2023

IEMOP reports lower prices at spot market

By Alena Mae S. Flores – September 14, 2023, 9:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines which runs the Wholesale Electricity Spot Market (WESM) said Tuesday electricity prices in Luzon declined in the first two […]
September 14, 2023

Meralco plans to spend P50b to roll out smart grid, automate distribution until 2026

By Alena Mae S. Flores – September 13, 2023, 8:50 pm from manilastandard.net Power retailer Manila Electric Co. asked the Energy Regulatory Commission to approve a capital expenditure budget of P40 billion to P50 billion to roll out its smart […]