September 4, 2024

Power prices at spot market fell in August

By Alena Mae S. Flores – September 3, 2024, 8:00 pm from manilastandard.net Average system-wide rates at the Wholesale Electricity Spot Market (WESM) declined in August 2024 by 0.4 percent to P5.94 per kilowatt-hour from P5.97 per kWh in July […]
September 4, 2024

ERC reaffirms rule on immediate implementation of EPSAs with provisional approval

BY Myrna M. Velasco – Sep 3, 2024 03:35 PM from Manila Bulletin At a glance Distribution utilities would often resort to emergency PSAs if there is sudden surge in their demand that are not covered in their existing PSAs […]
September 3, 2024

LNG proponents urged to rethink business plan

By Lenie Lectura – September 3, 2024 from Business Mirror A coalition advocating for the protection of the Verde Island Passage (VIP) on Monday welcomed the cancellation of a proposed liquefied natural gas (LNG) import terminal of Vires Energy Corp. […]
September 3, 2024

Rains fail to dampen power sales of Meralco in August

By Lenie Lectura – September 2, 2024 from Business Mirror The Manila Electric Co. (Meralco) saw its energy sales volume rise by nearly 8 percent year-on-year in August, a company official said over the weekend. Initial figures showed that the […]