February 23, 2023

WESM prices rise above P1.00/kWh during Malampaya shutdown

By Myrna M. Velasco – February 23, 2023, 6:58 AM from Manila Bulletin Settlement prices at the Wholesale Electricity Spot Market (WESM) climbed by roughly P1.36 per kilowatt hour (kWh) on average on the two-week duration of the Malampaya gas […]
February 21, 2023

Malampaya shutdown completed

By Myrna M. Velasco – February 20, 2023, 12:54 PM from Manila Bulletin The two-week maintenance shutdown of the Malampaya gas production facility has been completed, without any untoward accidents at the work site, according to the Department of Energy […]
February 21, 2023

PSALM to review Diliman property dev’t plan

By Myrna M. Velasco – February 19, 2023, 8:30 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) will review the plan on the potential transformation of its Diliman property into a mixed-use complex that will […]
February 18, 2023

ERC bats for ‘rate flexibility’ in supply deals

By Myrna M. Velasco – February 17, 2023, 10:23 AM from Manila Bulletin The Energy Regulatory Commission (ERC) said it will opt for “rate flexibility” in the power supply agreements (PSAs) that distribution utilities (DUs) will be underwriting with generation […]