The Energy Regulatory Commission (ERC) said that it is expediting the process for electric cooperatives’ (ECs) power supply agreements (PSAs) before the start of summer.
THE ENERGY Regulatory Commission (ERC) is ramping up the approvals of power supply agreements (PSAs) to minimize electric cooperatives’ (co-ops) exposure to the Wholesale Electricity Spot Market (WESM) as the summer season approaches.
The Securities and Exchange Commission (SEC) on Thursday said it has allowed, by way of exemptive relief, a public float of 15 percent, subject to certain criteria.
MANILA, Philippines — Power transmission projects totaling over P53 billion are stuck in limbo, waiting for the go-signal from the Energy Regulatory Commission.
MANILA, Philippines — The proposed changes in the Electric Power Industry Reform Act (EPIRA) face a long road ahead, but the Energy Regulatory Commission (ERC) still clings to a “very slim chance” of enactment this year.
MPOWER, the local retail electricity supplier of Manila Electric Co. (Meralco), has entered into a new retail power agreement with the Araneta group to supply electricity to its newest hotel.
Quezon Power (Philippines), Ltd. Co. which owns and operates the 460-megawatt Quezon coal-fired power plant, signed a new 15-year 400-MW power supply agreement (PSA) with a major retail electricity supplier, which it did not name.
The Department of Energy (DOE) said Friday South Premiere Power Corp. (SPPC) and Excellent Energy Resources Inc. (EERI) will shut down a combined running capacity of 1,300 megawatts of natural gas power generation capacity from 9 a.m. on March 29 until 6:30 a.m. on March 31, 2025.
Yuchengco-led PetroGreen Energy Corp. (PGEC), through its subsidiary BKS Green Energy Corp. (BKS), launched an education program in Isabela, under the company’s corporate social responsibility (CSR) banner program, We Power HELP (Health, Education, and Livelihood Program).
MANILA, Philippines — The Securities and Exchange Commission (SEC) is upholding the 20-percent minimum public float requirement for companies looking to list in the local stock market, but said that a lower initial public float will be allowed through an exemptive relief.