January 12, 2023

‘Expensive’ replacement power hikes Meralco rates

By Myrna M. Velasco – January 10, 2023, 2:03 PM from Manila Bulletin The comparatively expensive replacement power capacities secured from a power plant of the Aboitiz group and hefty purchases from the Wholesale Electricity Spot Market (WESM) had partly […]
November 4, 2022

Show cause orders issued to NGCP, units of SMCGP

BY LENIE LECTURA – NOVEMBER 4, 2022 from Business Mirror The Energy Regulatory Commission (ERC) issued show cause orders to the National Grid Corporation of the Philippines (NGCP) and the units under SMC Global Power Holdings Corp. (SMCGP) for allegedly […]
November 2, 2022

ECs incur P7.4-M loss, says NEA

BY LENIE LECTURA – NOVEMBER 1, 2022 from Business Mirror The National Electrification Administration (NEA) said Monday the initial cost of damages incurred by affected electric cooperatives (ECs) due to Typhoon “Paeng” has reached P7.4 million. The agency said 96 […]
October 19, 2022

Power spot prices up in September

BY LENIE LECTURA – OCTOBER 19, 2022 from Business Mirror The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday the average electricity market price in September for Luzon and Visayas was recorded at P9.12 per kilowatt hour (kWh) […]