January 29, 2025

Top PHL power firms reach financial close for gas deal

By Lenie Lectura – January 28, 2025 from Business Mirror The country’s top power firms have achieved financial close for their liquefied natural gas (LNG) facility which recently received the green light of the government’s competition watchdog. In separate disclosures, […]
September 4, 2024

SMC: Supreme Court junks ERC appeal on power deals

By Lenie Lectura – September 4, 2024 from Business Mirror San Miguel Corp. (SMC) said Tuesday the Supreme Court (SC) denied with finality an appeal filed by the Energy Regulatory Commission (ERC) against the power supply agreements (PSAs) it forged […]
July 4, 2024

June WESM prices softened 24% as rainy season starts

By Alena Mae S. Flores – July 3, 2024, 7:15 pm from manilastandard.net Preliminary rates at the Wholesale Electricity Spot Market (WESM) softened in June 2024 by 25 percent with the onset of the rainy season which brought cooler temperatures. […]
June 15, 2024

June Meralco rates jump amid higher generation charge

By Sheldeen Joy Talavera – June 14, 2024 | 12:33 am from Business World A lineman repairs a broken wire on an electric post in Manila, April 4, 2024. — PHILIPPINE STAR/RYAN BALDEMOR TYPICAL HOUSEHOLDS in areas served by Manila Electric […]