August 30, 2024

BAYAN MUNA: DIRTY COAL WINS IN MERALCO’S POWER SUPPLY AGREEMENTS

By TCP Admin – Aug 29, 2024 (The City Post) Manila, Philippines – Bayan Muna executive vice president Carlos Isagani Zarate has criticized the outcome of Meralco’s recent competitive selection process (CSP) for new power supply agreements (PSAs), stating that […]
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 […]
August 29, 2024

S&P upgrades Meralco rating on strong profit

By Manila Standard Business – August 28, 2024, 7:15 pm S&P Global Ratings raised the long-term credit trading of Manila Electric Co. (Meralco) amid its continued financial strength. S&P said it expects Meralco to maintain strong financial ratios despite heavy […]
August 29, 2024

Gov’t eyes ADB financing to accelerate energy efficiency, conservation program

By Alena Mae S. Flores – August 28, 2024, 6:50 pm from manilastandard.net Asian Development Bank The Department of Energy (DOE) will need P10 billion over a five-year period starting 2026 to finance the accelerated implementation of the Government Energy […]