October 10, 2017
Published by admin at October 10, 2017
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Consumers could unduly face volatile WESM prices – SMC

By Myrna M. Velasco – October 8, 2017, 10:00 PM from Manila Bulletin The legally-contested action of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) terminating the independent power producer administrator (IPPA) agreement for the supply contract of the 1,200-megawatt […]
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October 9, 2017
Published by admin at October 9, 2017
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Ang asks Psalm to act against volatility of spot-market prices

By Lenie Lectura – October 8, 2017 from Business Mirror BUSINESSMAN Ramon S. Ang urged the Power Sector Assets and Liabilities Management Corp. (Psalm) to protect consumers from volatility of spot-market prices and not expose them. Ang issued his statement as […]
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October 9, 2017
Published by admin at October 9, 2017
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Meralco to pursue bid for AEC stake

By Lenie Lectura – October 3, 2017 from Business Mirror THE Manila Electric Co. (Meralco) said it would pursue bidding for AES Corp.’s controlling stake in the 600-megawatt (MW) coal-power plant in Masinloc, Zambales. Meralco President Oscar Reyes said the utility firm is […]
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October 9, 2017
Published by admin at October 9, 2017
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Ilijan standoff to hike power rates

By Alena Mae S. Flores – October 08, 2017 at 08:20 pm from manilastandard.net Consumers of Manila Electric Co. will be exposed to price volatilities at the Wholesale Electricity Spot Market, or WESM, if the government terminates the contract of San Miguel […]
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