April 26, 2019

WESM operator appoints new president

By Myrna M. Velasco – April 25, 2019, 10:00 PM from Manila Bulletin In less than a year, the market operator of the Wholesale Electricity Spot Market (WESM) is having its second president in Engineer Jose Mari T. Bigornia, replacing […]
April 26, 2019

WESM prices spike by P1.523/kwh after brownouts

By Myrna M. Velasco – April 25, 2019, 10:00 PM from Manila Bulletin After recurrence of rotating brownouts this month, consumers will have to suffer in their next billing roughly P1.523 per kilowatt hour (kwh) surge in rates due to […]
April 25, 2019

SPEX wins US$1.1-B Malampaya tax case in arbitration

By Myrna M. Velasco – April 24, 2019, 10:00 PM from Manila Bulletin With a unanimous vote of 3-0, the operator of the multi-billion Malampaya gas field project led by Shell Philippines Exploration B.V. (SPEX) won its landmark US$1.1 billion […]
April 24, 2019

GenCos with multiple plants are targets

By Myrna M. Velasco – April 23, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) indicated that the center of investigation on the alleged collusion of generation companies (GenCos) will be on the ‘bidding behavior’ and the […]