Author Archives: LM Staff
PNOC wants to redevelop 3-hectare BGC property
State-run Philippine National Oil Co. (PNOC) is seeking a real estate consultant to conduct a...
ERC approved 14 power supply agreements in Q1
The Energy Regulatory Commission (ERC) approved 14 power supply agreements (PSAs) and issued 977 certificates...
NEA, DSWD discuss light, water assistance
The National Electrification Administration (NEA) and the Department of Social Welfare and Development (DSWD) met...
Spot market prices rise in March on lower supply, higher demand
THE AVERAGE price of electricity at the Wholesale Electricity Spot Market (WESM) increased in March,...
Meralco activates Sta. Rosa substation
POWER distributor Manila Electric Co. (Meralco) said it activated a new substation in Sta. Rosa,...
Power prices at spot market surge as heat index rises
Average system-wide electricity prices at the Wholesale Electricity Spot Market (WESM) surged to P5.34 per...
WESM prices spike to highest in 7 months
MANILA, Philippines — After hitting a two-year low last month, power rates in the Wholesale...
Makati Business Club proposes BOT scheme for power grids
The Makati Business Club (MBC) proposed on Thursday that the executive department issue an order...
NEA chief credits power market operator for rural electricity stability
The head of the National Electrification Administration (NEA) on Wednesday lauded the Independent Electricity Market...
Batangas LNG plants to attain full capacity by May — DoE
THE Department of Energy (DoE) said it expects sufficient power supply during the warm and...