May 4, 2024

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 […]
May 3, 2024

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 […]
May 2, 2024

Meralco to tap spot market for 260-MW peaking supply

By Alena Mae S. Flores – May 1, 2024, 7:50 pm from manilstandard.net Power retailer Manila Electric Co. plans to source its 260-megawatt peaking capacity requirement from the Wholesale Electricity Spot Market, where prices are more volatile due to lack […]
April 30, 2024

Higher power demand seen in May

By Alena Mae S. Flores – April 29, 2024, 9:00 pm from manilastandard.net Power demand could further increase in May after it reached a peak of 9,301 megawatts on April 24, surpassing the 2024 and 2025 forecasts, the country’s largest […]