November 9, 2024

ERC approves lower P310-b revenue for NGCP

By Alena Mae S. Flores – November 8, 2024, 8:05 pm from manilastandard.net The Energy Regulatory Commission (ERC) approved a draft final determination indicating a total maximum allowable revenue of P310 billion to transmission operator National Grid Corp. of the […]
November 7, 2024

Power rates at spot market seen remaining stable in fourth quarter

By Alena Mae S. Flores – November 5, 2024, 8:35 pm from manilastandard.net Average electricity prices at the Wholesale Electricity Spot Market are expected to remain stable at around P4 per kilowatt-hour for the remaining months of the year due […]
November 5, 2024

Alternergy infuses P2.9b to build wind, solar projects

By Alena Mae S. Flores – November 4, 2024, 7:35 pm from manilastandard.net Alternergy Holdings Corp. said Monday it infused P2.9 billion in capital as of September 2024 to bankroll the construction of a solar and two wind power projects. […]
November 5, 2024

Power distributors face ERC fines for disconnecting typhoon victims

By Alena Mae S. Flores – November 4, 2024, 8:30 pm from manilastandard.net The Energy Regulatory Commission (ERC) said Monday it will penalize distribution utilities that fail to comply with a directive to implement a moratorium on electricity line disconnections […]