February 28, 2024
Published by admin at February 28, 2024
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ACEN seeks to recover P2.5 billion from high coal prices

By Alena Mae S. Flores – February 27, 2024, 7:45 pm from manilastandard.net ACEN Corp. sent notices to Manila Electric Co. (Meralco) for a change in circumstance (CIC) in its 2019 power supply agreement, seeking to recover about P2.5 billion […]
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February 14, 2024
Published by admin at February 14, 2024
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Power spot market prices lower in 2023

By Patrick Miguel – February 14, 2024 | 12:00am from The Philippine Star Based on ERC’s market analysis, the average effective spot settlement price (ESSP) for all grids across the Philippines stood at P6.505 per kilowatt-hour, more than P1 cheaper […]
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February 3, 2024
Published by admin at February 3, 2024
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New power plants expected to ease WESM prices—ERC

By Alena Mae S. Flores – February 2, 2024, 9:40 pm from manilastandard.net The Energy Regulatory Commission (ERC) expects the downward trend in wholesale electricity prices to continue this year with the entry of more power plants. “If the downward […]
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February 1, 2024
Published by admin at February 1, 2024
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Lotilla pushes interim price guidelines for reserve market

By Alena Mae S. Flores – January 31, 2024, 8:50 pm from manilastandard.net Energy Secretary Raphael Lotilla   Energy Secretary Raphael Lotilla wants interim price guidelines to be in place in the Reserve Market cap to protect consumers from volatilities […]
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