December 20, 2021

WESM suspended due to power oversupply during typhoon

By Marielle C. Lucenio - December 17, 2021 | 7:31 pm from Business World The Energy Regulatory Commission (ERC) suspended the Wholesale Electricity Spot Market (WESM) late Thursday after oversupply conditions on the grid during typhoon Odette (Intenational name: Rai). The […]
December 18, 2021

NEA, not PSALM, to resolve power supply issues — DOF

By Lee C. Chipongian – December 17, 2021, 4:11 PM from Manila Bulletin Finance Secretary Carlos Dominguez III categorically stated that the National Electrification Administration (NEA) and not the Power Sector Liabilities and Management Corp. (PSALM) should be the Default […]
December 11, 2021

SPC Power declares P0.55/share cash dividend

By Myrna M. Velasco – December 10, 2021, 2:21 PM from Manila Bulletin Listed firm SPC Power Corp. will be extending P0.55 per share cash dividend to its outstanding stockholders and this will be payable before the end of the […]
December 10, 2021

Meralco: Dec rates to rise on higher generation cost

BY BUSINESSMIRROR – DECEMBER 6, 2021 Electricity rates this month could go up due to higher generation charge, the Manila Electric Co. (Meralco) said over the weekend. Power firms that supply Meralco’s requirement have yet to send their final billings […]