May 28, 2024

MORE Power maintains lowest rate in Western Visayas for May billing

By Manila Standard – May 27, 2024, 8:20 pm MORE Electric and Power Corp. said Monday it continues to offer the lowest electricity rate in Western Visayas despite an increase for May 2024 billing. MORE Power said electricity price in […]
May 28, 2024

PSALM reduces financial obligations

By Manila Standard – May 27, 2024, 7:45 pm The Power Sector Assets and Liabilities Management Corp. (PSALM) said it reduced its liabilities to P283.65 billion as of March 31, 2024 from the 2003 peak of P1.24 trillion. It said […]
May 28, 2024

ERC suspended operations of Luzon power market Monday

By Alena Mae S. Flores – May 27, 2024, 2:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) ordered the temporary suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon grid effective 1:05 p.m. Monday amid insufficient generation […]
May 27, 2024

Aboitiz pushes excellence center for energy workers

By Alena Mae S. Flores – May 26, 2024, 8:25 pm from manilastandard.net Aboitiz Power Corp. is pushing for a “center of excellence” to hone the workforce skills needed to support the growth of the energy sector, an executive said. […]