December 30, 2017

Phinma Energy, PSALM reach deal to terminate Leyte power contract

By Alena Mae S. Flores – December 29, 2017 at 08:43 pm from manilastandard.net Phinma Energy Corp. and Power Sector Assets and Liabilities Management Corp. have agreed to mutually terminate the administration agreement for the 40-megawatt strip of energy of the Unified […]
December 30, 2017

RE won’t burden consumers

 By Alena Mae S. Flores – December 28, 2017 at 06:51 pm from manilastandard.net Energy Secretary Alfonso Cusi on Thursday allayed concerns the pursuit of clean and c will burden electricity consumers. “The RPS (Renewable Portfolio Standards) for On-Grid rules outlined various safety […]
December 29, 2017

WESM’s plans for derivatives market skids on legal hurdle

By Myrna M. Velasco – December 28, 2017, 10:00 PM from Manila Bulletin The plan of the Wholesale Electricity Spot Market (WESM) to introduce “derivatives market” into its array of services is skidding into a legal hurdle that considers such market […]
December 29, 2017

FIT-All interest charges swell to P527 million (Due to ERC’s delayed approval)

By Myrna M. Velasco – December 28, 2017, 10:00 PM from Manila Bulletin The interest charges to be shouldered by consumers due to delayed regulatory approval of the feed-in-tariff allowance (FIT-All) application of the National Transmission Corporation (TransCo) will swell to […]