April 5, 2018

WESM operator on rebirth with new corporate entity

By Myrna M. Velasco – April 4, 2018 10:00 PM from Manila Bulletin The operator of the Wholesale Electricity Spot Market (WESM) will have its rebirth via a new corporate entity – the Independent Electricity Market Operator of the Philippines […]
April 4, 2018

Tight supply leads to higher power rates in April

By Alena Mae S. Flores – April 02, 2018 at 09:40 pm from manilastandard.net Power rates are expected to increase in April on higher prices at the Wholesale Electricity Spot Market, the country’s trading floor of electricity, an official of […]
April 4, 2018

First Gen to register 92% contracted capacity in 2018

By Lenie Lectura – April 3, 2018 from Business Mirror LOPEZ-LED First Gen Corp. intends to register a 92-percent contracted capacity this year, up from the current 80 percent. In its 2017 earnings presentation filed with the Philippine Stock Exchange, […]
March 10, 2018

Power rates increased in March

By Alena Mae S. Flores – March 09, 2018 at 07:55 pm from manilastandard.net Power retailer Manila Electric Co. said Friday power rates will increase by P0.85 per kilowatt-hour this month on higher generation charges and taxes and the impact […]