August 30, 2024

Energy storage integration in RE capacity auction to hike bid rates by P5-P6/kWh

LNG capacity tendering will be treated as ancillary services By Myrna M. Velasco – Aug 29, 2024 12:03 PM from Manila Bulletin At a glance The parallel auction for liquefied natural gas (LNG) capacity in GEA-4 shall be for ancillary […]
July 31, 2024

ERC lifts reserve market’s settlement suspension

BY MYRNA M. VELASCO – Jul 30, 2024 05:23 PM from Manila Bulletin AT A GLANCE With the lifting of the settlement suspension, the uncollected amounts during the enforcement of that rule will already be recouped and passed on to […]
July 2, 2024

Solar-power hub to rise in Visayas

By Lenie Lectura – July 2, 2024 from Business Mirror A subsidiary of Greenlight Renewables Holdings, Inc. proposed to build a transmission facility dedicated to connect the San Isidro Solar Power Project to the Visayas grid with a cost of […]
June 22, 2024

WESM governance body elects new board, officers

BY MYRNA M. VELASCO – Jun 22, 2024 08:52 AM from Manila Bulletin AT A GLANCE Part of PEMC’s major accomplishment has been concretizing the operationalization of the Renewable Energy Market (REM), a market mechanism that will institutionalize the trading […]