November 17, 2022

ERC launches PSA caravan in Laoag

BY LENIE LECTURA – NOVEMBER 17, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has launched a PSA (Power Supply Agreement) Caravan in Laoag, Ilocos Norte to gain a good understanding of the challenges encountered by the distribution utilities […]
November 17, 2022

Spot power prices up in October

BY LENIE LECTURA – NOVEMBER 17, 2022 from Business Mirror Electricity spot market prices slightly went up to P9.22 per kilowatt hour in October (kWh) from P9.12 per kWh in September, the Independent Electricity Market Operator of the Philippines (IEMOP) […]
November 15, 2022

First Gen reports 8% profit drop

BY LENIE LECTURA – NOVEMBER 15, 2022 from Business Mirror LOPEZ-led First Gen Corp. (FGen) reported a reduction of eight percent in recurring net income at end-September this year despite a 24-percent jump in revenues. FGen reported last Monday a […]
November 10, 2022

PLDT inks power supply deal with EDC

BY LENIE LECTURA – NOVEMBER 10, 2022 from Business Mirror PLDT Inc. has tapped Energy Development Corp. (EDC) to supply power to its facilities in Davao as part of its decarbonization roadmap, which aims to further reduce its greenhouse gas […]