March 21, 2025

Alsons’ 2024 net income climbed 11% to P2.53b on high electricity demand

By Alena Mae S. Flores – March 20, 2025, 7:35 pm from manilastandard.net Alsons deputy chief financial officer Philip Edward Sagun Alsons Consolidated Resources Inc., the publicly-listed company of the Alcantara Group, reported an 11-percent increase in its 2024 net […]
March 12, 2025

Meralco hikes rates for households this March

By Sheldeen Joy Talavera – March 12, 2025 | 12:31 am from Business World   LINEMEN are at work along a street in Ermita, Manila. — PHILIPPINE STAR/RYAN BALDEMOR TYPICAL HOUSEHOLDS in areas served by Manila Electric Co. (Meralco) can expect […]
March 6, 2025

Hot weather lifts power prices at spot market

By Alena Mae S. Flores – March 5, 2025, 8:15 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) reported a surge in the average price at the Wholesale Electricity Spot Market (WESM) this week. The IEMOP […]
March 5, 2025

Increased power supply drives down WESM prices in February

By Gabriell Christel Galang – Mar 5, 2025 10:10 AM from Manila Bulletin The Independent Electricity Market Operator of the Philippines (IEMOP) reported a decline in Wholesale Electricity Spot Market (WESM) prices in February due to increased supply in the […]