December 6, 2024

WESM prices rise in Nov

By Jed Macapagal – December 6, 2024 from Malaya Business Insight INITIAL average price of electricity in the Wholesale Electricity Spot Market (WESM) in the entire country in November slightly increased, according to the Independent Electricity Market Operator of the Philippines (IEMOP). […]
December 6, 2024

ERC cuts permit processing time

By Lenie Lectura – December 6, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has reduced the processing time of the various permits of power firms. On Thursday, the ERC said it has issued 3,959 Certificates of Compliance (COCs) […]
December 6, 2024

DOE moves third green energy auction to 2025

By Gabriell Christel Galang – Dec 5, 2024 04:59 PM from Manila Bulletin The Department of Energy (DOE) announced that it will move the Green Energy Auction (GEA)-3 to next year. During the 2024 Energy Investment Forum on Thursday, Dec. […]
December 6, 2024

Reserve market billing to raise 2025 power rates

By Alena Mae S. Flores – December 5, 2024, 8:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from consumers to cover 70 percent of uncollected payments in the ancillary reserve market. This is […]