July 17, 2023

ERC to set new prices for unsubscribed RE capacity

BY MYRNA M. VELASCO – Jul 16, 2023 10:49 PM from Manila Bulletin AT A GLANCE The widely-perceived low GEAR prices had been partly blamed for the less-than-desired outcome of the RE capacity auction, as committed deliveries just hovered at […]
July 14, 2023

SMC laments higher power rates

Due to ERC’s ‘unfair’ decision BY MYRNA M. VELASCO – Jul 13, 2023 05:45 PM from Manila Bulletin San Miguel Global Power Holdings (SMGP), the electricity generating subsidiary of conglomerate San Miguel Corporation (SMC), has bewailed the higher electricity rates […]
July 12, 2023

More than 500,000 Meralco customers suffer brownouts

Luzon grid on yellow alert due to plant outages   BY MYRNA M. VELASCO – Jul 11, 2023 03:11 PM from Manila Bulletin AT A GLANCE The combined impact of forced plant outages and de-rating in the capacity of some […]
July 12, 2023

US firm enlists first ‘forward market’ customers from PH power industry

BY MYRNA M. VELASCO – Jul 11, 2023 01:58 PM from Manila Bulletin AT A GLANCE In a forward market, companies or relevant parties can hedge on the price of power capacity that will be set for future delivery to […]