9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Lopez-led First Gen Corporation, registered a flat growth of Php12.4 billion in 2021 due to high global oil prices and supply restrictions that affected prices in the Wholesale Electricity Spot Market. “First
The Energy Regulatory Commission (ERC) is studying the appeal of power generation companies (gencos) to lift the Php6.245 per kilowatt-hour (kWh) secondary price cap (SPC) at the Wholesale Electricity Spot Market (WESM)
SMC Global Power Holdings, the country’s second largest power generator, recorded a net income of Php16 billion in 2021, a 15% drop from its Php18.9 billion figure in 2020. Parent firm San
Electricity rates may continue to increase as an effect of the continuous rise of international coal prices. Estimates from the Philippine Independent Power Producers Association (PIPPA) showed that the effect on the
Prices at the Wholesale Electricity Spot Market (WESM) dropped 13% in February as more power generating units reconnect to the grid, the Independent Electricity Market Operator of the Philippines (IEMOP) said. Power
The Manila Electric Company (MERALCO) categorically refuted and clarified Kuryente.org’s allegations, which Power Philippines published in its online channels, that the utility overcharged its customers at the onset of the COVID-19 lockdowns
The Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corporation (PEMC) to resume the Wholesale Electricity Spot Market’s (WESM) operation in Bohol. ERC handed the order to PEMC, WESM’s governing
The commercial operations of the Wholesale Electricity Spot Market (WESM) in Mindanao has been postponed once again to coincide with the completion of the Mindanao-Visayas Interconnection Project (MVIP). In a report by
The Energy Regulatory Commission (ERC) has ordered the resumption of trading in the Wholesale Electricity Spot Market (WESM) in the Visayas a month after its suspension due to the widespread damage Typhoon
Households may face higher electrical bills in February as rates in the Wholesale Electricity Spot Market (WESM) spiked after last week’s Yellow Alerts in the Luzon Grid. Based on a Manila Bulletin
