August 22, 2023

Lower spot market prices observed in past 2 weeks

By Alena Mae S. Flores – August 21, 2023, 7:40 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines said Monday it observed lower spot market prices in the first two weeks of August on lower demand and […]
August 10, 2023

Meralco: August power rates dropped P0.29 per kWh on lower generation charges

By Alena Mae S. Flores – August 9, 2023, 8:35 pm from manilastandard.net Power retailer Manila Electric Co. announced Wednesday a reduction of P0.2908 per kilowatt-hour in August rates, the second consecutive month of price reduction. Meralco said the overall […]
August 5, 2023

Meralco expects lower generation charges in August

By Alena Mae S. Flores – August 4, 2023, 8:55 pm from manilastandard.net Customers of Manila Electric Co. may enjoy lower generation charges in August on reduced demand, an executive said Friday. “While we have yet to receive the final […]
August 4, 2023

ACEN’s net income surged 94% to P4.2b in 6 months on higher renewables output

By Alena Mae S. Flores – August 3, 2023, 9:50 pm from manilastandard.net ACEN Corp., the energy platform of the Ayala Group, said Thursday net income attributable to equity holders of the parent company surged 94 percent in the first […]