9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Ayala-led AC Energy Corporation (ACEN) reported that it achieved a consolidated net income of Php2.7 billion for the first half of 2021, a five percent increase from Php2.6billion year-on-year. The figure includes
The Department of Energy (DOE) had ordered the power industry players in Mindanao to continue with the central scheduling scheme in place for the Wholesale Electricity Spot Market (WESM) until the department
Former Energy assistant secretary Atty. Leonido “Bodie” Pulido III has been elected president of the Philippine Electricity Market Corporation, the governing body of the Wholesale Electricity Spot Market (WESM). Pulido was named
The Department of Energy (DOE) said it would possibly lower the eligibility threshold for the retail competition and open access (RCOA) program, so that more customers would have the option of choosing
The Manila Electric Company (MERALCO) has confirmed that its rates for July will increase by Php0.2353 per kilowatt-hour (kWh) to Php8.9071/kWh as a result of the Red and Yellow Alerts from May
The Philippine Electricity Market Corporation (PEMC) defended the Independent Electricity Market Operator of the Philippines (IEMOP) and the Department of Energy (DOE) in the wake of Sen. Manny Pacquiao’s corruption allegations in
The Manila Electric Company (MERALCO) will likely increase its generation charges this July due to tight power supply and simultaneous plant outages experienced by the Luzon Grid leading to the Red Alerts
(UPDATED) The Department of Energy (DOE) and the Independent Electricity Market Operator of the Philippines (IEMOP) have rebutted Sen. Manny Pacquiao’s accusations of corruption in the power sector. Pacquiao had accused the DOE of
The Department of Energy (DOE) said there is a big probability that electricity rates could increase when the Malampaya gas field temporarily shuts down in October. Based on a Rappler report, Sen.
The Energy Regulatory Commission (ERC) will be making changes to the imposition of the price mitigating measure in the Wholesale Electricity Spot Market (WESM) to ensure consumer safety nets and prevent price
