Pangilinan-led Manila Electric Company, better known as Meralco, is eyeing a joint venture with the Batangas II Electric Cooperative Inc. or BATELEC II, one of the two electric cooperatives that distribute electricity to Batangas province, as Meralco strives to enhance its services to provinces adjacent to the Mega Manila grid.

The Manila Electric Co. (Meralco) is increasing power rates in December by P0.1048 per kilowatt hour (kWh), bringing the overall rate to P11.9617 per kWh from the previous month’s P11.8569 per kWh.

In Part 1 of this topic last Nov. 28, I discussed the countries with the highest natural gas power generation/total power generation ratio. The top three are Singapore, Iran and Egypt.

THE Department of Energy (DoE) said its target date to begin full commercial operations of the renewable energy market (REM) is Dec. 26.

Consumers of Manila Electric Co. (Meralco) will see their monthly bill increase by P0.1048 per kilowatt-hour in December 2024.

Prime Solar Solutions Corp. (Prime Solar), a subsidiary of Prime Infra, has activated its 128-megawatt photovoltaic (PV) plants in Tanauan, Batangas, and Maragondon, Cavite, a step towards full commercial operations.

Razon-led East Zone concessionaire Manila Water Co. has secured a power purchase agreement (PPA) with Manila Electric Company’s (Meralco) solar power firm to integrate sustainable energy into its facilities.

Manila Electric Co. reiterated its commitment to powering up countryside by establishing joint venture agreements with electric cooperatives (ECs) and push Philippine economy to become globally competitive.

THE ENERGY REGULATORY Commission (ERC) has approved Manila Electric Co.’s (Meralco) power supply agreements (PSAs), enabling the power distributor to meet its renewable energy (RE) supply requirement starting February next year.

THE PHILIPPINES ranked as the second-most attractive emerging market for renewable energy (RE) investment, according to the 2024 Climatescope report by BloombergNEF.