December 6, 2024

WESM prices rise in Nov

By Jed Macapagal – December 6, 2024 from Malaya Business Insight INITIAL average price of electricity in the Wholesale Electricity Spot Market (WESM) in the entire country in November slightly increased, according to the Independent Electricity Market Operator of the Philippines (IEMOP). […]
November 13, 2024

Meralco’s November power rates up by 43 centavos

By Lisbet K. Esmael – 05:30 AM November 13, 2024 from @inquirerdotnetPhilippine Daily Inquirer Inquirer files An increase in the generation charge means higher electricity bills this month for customers of power distributor Manila Electric Co. (Meralco). At a briefing […]
November 12, 2024

First Gen posted $205-m recurring income in 9 months

By Alena Mae S. Flores – November 11, 2024, 8:15 pm from manilastandard.net First Gen Corp. said Monday its recurring net income attributable to the parent company declined 17.4 percent in the first nine months of 2024 to $205.5 million […]
November 11, 2024

‘REM commercial operations to start in December’

By Lenie Lectura – November 8, 2024 from Business Mirror The commercial operations of the Renewable Energy Market (REM) is expected to finally happen next month, according to the Independent Electricity Market Operator of the Philippines (Iemop). “We are preparing […]