Wholesale Electricity Spot Market (WESM) – Page 55

August 6, 2022

Published by admin at August 6, 2022

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SMC Global Power suffers P1.831-B net loss in 1st half

By Myrna M. Velasco – August 5, 2022, 2:25 PM from Manila Bulletin SMC Global Power Holdings Corporation (SMCGP), the power generation investment arm of San Miguel Corp., suffered a net loss of P1.831 billion in the first semester this […]

August 5, 2022

Published by admin at August 5, 2022

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Meralco expects upward adjustment this August

By Myrna M. Velasco – August 4, 2022, 3:25 PM from Manila Bulletin With the repricing of fuel supply from the Malampaya gas field, power utility giant Manila Electric Company (Meralco) is expecting upward adjustment in the electric bills to […]

August 2, 2022

Published by admin at August 2, 2022

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Power plants of SMC incur losses on coal price rally

BY LENIE LECTURA – AUGUST 1, 2022 from Business Mirror Two power plants of SMC Global Power Holdings Corp. (SMCGP) have accumulated losses amounting to P15 billion due to skyrocketing global coal prices and unilateral natural gas supply restrictions from […]

July 29, 2022

Published by admin at July 29, 2022

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PHL launches Renewable Energy Market

BY LENIE LECTURA – JULY 28, 2022 from Business Mirror The country’s Renewable Energy Market (REM)—a venue for the trading of Renewable Energy Certificates (REC)—was launched Thursday, the Philippine Electricity Market Corp. (PEMC) said. The launch of the Philippine REM […]