February 21, 2020

San Miguel power unit: We paid PSALM P315 billion as of January

By Lenie Lectura -February 21, 2020 from Business Mirror SAN Miguel Corp. (SMC) through its power unit, South Premiere Power Corp. (SPPC), has paid a total of P314.6 billion to the Power Sector Assets and Liabilities Management Corp. (PSALM) as of January […]
February 18, 2020

WESM Mindanao still faces major challenges

By MYRNA M. VELASCO – Updated February 17, 2020, 1:13 PM from Manila Bulletin The establishment of the Wholesale Electricity Spot Market (WESM) in Mindanao is still enmeshed with challenges, primarily the swelling indebtedness of some electric cooperatives (ECs) and […]
February 15, 2020

ERC backpedals on WESM secondary cap’s reduction

By MYRNA M. VELASCO – February 14, 2020, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is backpedaling on proposals to lower the secondary cap of traded capacity in the Wholesale Electricity Spot Market (WESM), which should have […]
February 13, 2020

PEMC-Iemop deal null and void from the start, lawmaker insists

By Lenie Lectura -February 13, 2020 from Business Mirror PUWERSA ng Bayaning Atleta (PBA) Party-list Rep. Jericho Nograles on Wednesday urged the  Department of Energy (DoE) to declare null and void the contract between the Philippine Electricity Market Corporation (PEMC) […]