Wholesale Electricity Spot Market (WESM) – Page 114

November 16, 2019

Published by admin at November 16, 2019

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All Mindanao utilities to join WESM; Jan. start targeted

By Carmelito Q. Francisco – November 14, 2019 | 10:01 pm from Business World DAVAO CITY — All power distribution utilities (DU) in Mindanao, both electric cooperatives and private companies, have applied to participate in the wholesale electricity spot […]

November 15, 2019

Published by admin at November 15, 2019

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First Gen 9-month income up 21% to US$217-M

By Myrna M. Velasco – By Myrna M. Velasco from Manila Bulletin With stronger sales from its diminutive 97-megawatt Avion power facility and better financial turnout for subsidiary Energy Development Corporation (EDC), Lopez-owned First Gen Corporation logged 21-percent income jump […]

November 14, 2019

Published by admin at November 14, 2019

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Citing projected power capacity crunch, Meralco prods ERC to act on its PSAs

By Lenie Lectura -November 14, 2019 from Business Mirror FOLLOWING the successful auction via Competitive Selection Process (CSP) of Manila Electric Company’s (Meralco) 1,7000 megawatts (MW) of required capacity, the utility firm is moving to ask regulators to approve the […]

November 8, 2019

Published by admin at November 8, 2019

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Meralco rates up by P0.4717/kwh in November billing

By Myrna M. Velasco – Updated November 7, 2019, 4:00 PM from Manila Bulletin As anticipated, the pass-on rate of power utility giant Manila Electric Company (Meralco) will be up by P0.4717 per kilowatt hour (kwh) in this November billing […]