TAGUM CITY, Davao del Norte – Senatorial candidates from the Alyansa Para sa Bagong Pilipinas coalition vowed to push for bills addressing the power supply problems in Region 11 (Davao) if elected in the May 12 mid-term polls.
MANILA, Philippines — Following recent slight reductions, fuel prices are expected to increase in the coming week due to persistent tensions abroad.
A consumer advocacy group raised their concerns to the Energy Regulatory Commission (ERC) over Meralco’s alleged overcharging of fees for services worth about P160 billion.
THE INDEPENDENT Electricity Market Operator of the Philippines, Inc. (IEMOP) is projecting an increase in power prices at the Wholesale Electricity Spot Market (WESM) during the dry season due to higher demand.
The Energy Regulatory Commission (ERC) said Thursday the national average annual generation rate dropped 11.46 percent from to P6.64 per kWh in 2024 from P7.50 per kWh in 2023.
The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday some 46,634 renewable energy certificates (RECs) amounting to P9.68 million were traded in the renewable energy market. The certificates had an average price of P207.47.
THE Manila Electric Co. (Meralco) strongly urged power suppliers to assist the utility firm in sourcing additional capacity for summer months when demand is expected to increase by 900 megawatts (MW).
THE third green energy auction (GEA-3) attracted 7,500 megawatts (MW) worth of bids to construct renewable energy (RE) plants, exceeding the auction goal of 4,650 MW, the Department of Energy (DoE) said on Wednesday.
MANILA – Renewable energy (RE) developers have more appetite for the third round of the Green Energy Auction (GEA-3) as bids exceeded the 4,650 megawatts (MW) installation capacity target of the Department of Energy (DOE).
MANILA, Philippines — Customers are set to face higher electricity bills this month as a result of increased transmission charges due to higher ancillary service (AS) costs, according to the National Grid Corp. of the Philippines.