ELECTRICITY prices at the Wholesale Electricity Spot Market (WESM) rose in October due to an increase in demand with the approach of the year-end holidays, the Independent Electricity Market Operator of the Philippines (IEMOP) said.
MANILA – The Department of Energy (DOE) announced Tuesday its partnership with the Landbank of the Philippines (LBP) to expedite support to host communities under the Energy Regulations 1-94 (ER 1-94) Program.
To help areas struck by the Severe Tropical Storm “Kristine”, Lopez-led FP Island Energy Corporation has provided uninterrupted power supply through its microgrid system in Camarines Sur.
Power retailer Manila Electric Co.(Meralco) said Tuesday it developed a new switching station that would cater to the power requirements of VITRO Sta. Rosa, the country’s largest AI-ready hyperscale data center.
DUMAGUETE CITY – The Negros Oriental II Electric Cooperative (Noreco II) said Tuesday power has been restored in all areas affected by Severe Tropical Storm Kristine (international name Trami) last month.
REINSTATED Energy Regulatory Commission (ERC) chief Monalisa Dimalanta proposed that all five commissioners be granted immunity from suit similar to what is being applied to the Philippine Competition Commission (PCC).
The six-month suspension of Energy Regulatory Commission (ERC) Chairperson Monalisa C. Dimalanta had been cut short, and she is now poised to be back at the helm of the power industry’s regulatory body.
THE Energy Regulatory Commission (ERC) said it made “some modifications” to its pending ruling on the fifth regulatory reset of Manila Electric Co. (Meralco), though it gave no further details.
RENEWABLE energy (RE) firms said the Department of Energy (DOE) is on the right track in weeding out service contracts that are way behind the committed project timelines.
A group advocating for stable energy and protection of the environment urged the national government to expedite the transition away from fossil fuels following two coal spills in Sorsogon and Zambales that happened as a result of the onslaught of tropical storm “Kristine”.