July 17, 2023

ERC studies lifting suspension on feed-in tariff collection

By Alena Mae S. Flores – July 14, 2023, 8:20 pm from manilastandard.net The Energy Regulatory Commission is studying the lifting of suspension on the collection of the feed-in tariff allowance amid the softening prices at the Wholesale Electricity Spot […]
July 14, 2023

PEMC slaps P400,000 fine vs. First Gas Power

By Alena Mae S. Flores – July 13, 2023, 7:55 pm from manilastandard.net The Philippine Electricity Market Corp., the governing body of the Wholesale Electricity Spot Market, imposed a P400,000 fine on First Gen Corp.’s subsidiary First Gas Power Corp. […]
July 12, 2023

US firm enlists first ‘forward market’ customers from PH power industry

BY MYRNA M. VELASCO – Jul 11, 2023 01:58 PM from Manila Bulletin AT A GLANCE In a forward market, companies or relevant parties can hedge on the price of power capacity that will be set for future delivery to […]
July 11, 2023

PNOC appoints new president and CEO

By Alena Mae S. Flores – July 10, 2023, 6:38 pm from manilastandard.net The board of Philippine National Oil Co., the government’s energy arm, elected Oliver Butalid as the new president and chief executive replacing Jesus Posadas on July 3. […]