Amid the continued grid alerts in the region, consumers in Visayas may see lower power bills this month following a decline in wholesale spot market prices, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
The Department of Energy (DOE) has simplified the process for installing rooftop solar systems used solely for a home or business’s own electricity needs, removing several regulatory requirements and limiting distribution utilities (DUs) from imposing additional pre-installation approvals.
ELECTRICITY PRICES on the spot market fell in July as demand softened against ample supply, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
MANILA, Philippines — Lawmakers on Wednesday pushed for a measured review of the country’s system loss policy, saying amendments to the Electric Power Industry Reform Act of 2001 (Epira) should cut consumers’ costs without compromising power reliability.
The Department of Energy (DOE) has issued streamlined guidelines that aim to facilitate the safe, efficient installation of own-use, zero-export solar systems by electricity consumers.
ENERGY OFFICIALS and regulators supported removing system loss charges from electricity bills but warned against immediately eliminating all such costs, saying technical losses are inherent in electricity distribution.
The Institute of Integrated Electrical Engineers of the Philippines (IIEE) called for engineering-based reforms on system loss charges as policymakers review the Electric Power Industry Reform Act (EPIRA).
Semirara Mining and Power Corp. (SMPC) reported a 17-percent increase in its second-quarter net income to P4.8 billion, bringing its first-half results to P8.6 billion from P8.4 billion in the same period last year.
Manila Electric Company (Meralco) is continuing to enhance its Elevated Metering Transformation (EMX) system to improve visibility across its distribution network and identify possible electricity pilferage and other irregularities earlier.
Aboitiz Power Corporation (AboitizPower) is partnering with Korea Hydro & Nuclear Power Co. Ltd. (KHNP) to explore cooperation on nuclear energy technologies as the Philippines forays into adding nuclear power into the power mix.