March 27, 2023

IEMOP: Time to review, but not junk, the SPC on traded power

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror THE Independent Electricity Market Operator of the Philippines (IEMOP) agrees that the secondary price cap (SPC), a mechanism that puts a ceiling on traded power whenever prices shoot up in […]
March 15, 2023

DOE warns of high power prices during dry months

By Alena Mae S. Flores – March 13, 2023, 8:50 pm from manilastandard.net The Department of Energy warned of possible higher electricity rates during the dry months in case a tight supply would necessitate the operation of oil-based power plants. […]
March 14, 2023

ERC starts review of secondary price cap at electricity spot market

By Alena Mae S. Flores – March 13, 2023, 9:00 pm from manilastandard.net The Energy Regulatory Commission said Monday it started the review of the secondary price cap imposed at the spot market, but conceded that its removal may have […]
March 14, 2023

NGCP to complete over P100-billion transmission projects by June

By Alena Mae S. Flores – March 13, 2023, 8:25 pm from manilastandard.net Two critical transmission projects—the P52 billion Mindanao-Visayas Interconnection Project and the  P53.9-billion Cebu-Negros-Panay interconnection Project—are set to be completed by June 2023, the Department of Energy said […]