May 16, 2024

Repower earned P70.1m in Q1

By Alena Mae S. Flores – May 15, 2024, 7:15 pm from manilastandard.net Repower Energy Development Corp. said Wednesday it posted a net income of P70.1 million in the first quarter of 2024, a 32-percent increase from P52.8 million a […]
May 16, 2024

ERC partially lifts P1.7-b reserve market settlement

By Alena Mae S. Flores – May 15, 2024, 7:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) ordered the partial lifting of the suspension on settlement amounts in the Reserve Market to allow power generators to partially recover costs […]
May 15, 2024

ERC flags 5 power companies for exceeding unplanned outages

By Alena Mae S. Flores – May 14, 2024, 8:55 pm from manilastandard.net The Energy Regulatory Commission (ERC) said Tuesday its initial investigation showed that five power generating companies breached the unplanned outage allowance. ERC director for market operations service […]
May 15, 2024

PHILRECA wants Napocor to build power plants for ancillary services

By Alena Mae S. Flores – May 14, 2024, 8:10 pm from manilastandard.net The Philippine Rural Electric Cooperatives Association (PHILRECA) is pushing for an amendment to the Electric Power Industry Reform Act (EPIRA) of 2001 allowing National Power Corp. to […]