February 22, 2025

Magat battery storage project under way – SNAP

By Ed Paolo Salting – February 22, 2025 from The Manila Times SN Aboitiz Power Group (SNAP), AboitizPower Corp.’s (AboitizPower) joint venture with Norway’s Scatec, has started construction of the second phase of its Magat Battery Energy Storage System (BESS) […]
August 24, 2019

Deadline for power plant bid moved

By Jordeene B. Lagare – August 23, 2019 from The Manila Times THE Power Sector Assets and Liabilities Management Corp. (Psalm) has rescheduled the deadline to submit bids for the sale of the 650-megawatt (MW) Malaya Thermal Power Plant and […]
January 18, 2017

WESM Dec. 2016 billing rate lowest since January 2011–PEMC

By Lenie Lectura – January 7, 2017 from Business Mirror Market prices in the Wholesale Electricity Spot Market (WESM) went down to P2.28 per kilowatt-hour (kWh) for the December 2016 billing period, the lowest since January 2011. Philippine Electricity Market Corp. (PEMC) said […]