May 13, 2024
Published by admin at May 13, 2024
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Spot market power rates soared in April

By Manila Standard Business – May 12, 2024, 8:05 pm System-wide electricity spot market prices increased by P1.37 per kilowatt-hour to P6.90 per kWh in April from P5.53 per kWh in March following the imposition of red and yellow alerts […]
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May 9, 2024
Published by admin at May 9, 2024
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ACEN’s income climbed to P2.7b in Q1 on higher power output

By Alena Mae S. Flores – May 8, 2024, 8:25 pm from manilastandard.net ACEN Corp., the listed energy platform of the Ayala Group, said Wednesday its consolidated net income climbed 34 percent to P2.7 billion in the first quarter of […]
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May 4, 2024
Published by admin at May 4, 2024
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Group: ERC order may destabilize power market

By Manila Standard Business – May 3, 2024, 9:35 pm from manilastandard.net Partners for Affordable & Reliable Energy (PARE), a group that advocates for pro-consumer solutions to address energy needs, said it welcomes the decision by the Energy Regulatory Commission […]
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May 3, 2024
Published by admin at May 3, 2024
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ERC tells distributors, generators to prevent electricity ‘bill shock’

By Alena Mae S. Flores – May 2, 2024, 8:10 pm from manilastandard.net The Energy Regulatory Commission asked distribution utilities to stagger the anticipated bill shock amid the red and yellow alerts experienced in April that led to higher prices […]
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