June 4, 2021

First Gen taps Danish firm for vessel support services

By Myrna M. Velasco – June 3, 2021, 3:36 PM from Manila Bulletin Lopez-led First Gen Corporation has inked a 10-year time charter party with Danish firm Svitzer for the provision of towage and other vessel support services for the […]
June 3, 2021

ERC orders 17 GenCos to explain

By Myrna M. Velasco – June 2, 2021, 4:16 PM from Manila Bulletin Breach of ‘outage allowance’ The Energy Regulatory Commission (ERC) had served summons to at least 17 power generation companies (GenCos) “to explain the unplanned outages that breached […]
June 2, 2021

Rotating brownouts may last until June 7

By Myrna M. Velasco – June 1, 2021, 2:48 PM from Manila Bulletin WESM electricity prices rise In the midst of a pandemic that the government is struggling to  fully address efficiently, Filipino consumers are being slapped with added burdens […]
May 31, 2021

WESM to start power reserves trading this year

By Myrna M. Velasco – May 31, 2021, 7:00 AM from Manila Bulletin As a remedy to the recurring problem of scant power reserves that subsequently results in higher electric bills or brownouts, the Wholesale Electricity Spot Market (WESM) will […]