Category Archives: News
Power prices at spot market surge as heat index rises
Average system-wide electricity prices at the Wholesale Electricity Spot Market (WESM) surged to P5.34 per...
WESM prices spike to highest in 7 months
MANILA, Philippines — After hitting a two-year low last month, power rates in the Wholesale...
Makati Business Club proposes BOT scheme for power grids
The Makati Business Club (MBC) proposed on Thursday that the executive department issue an order...
NEA chief credits power market operator for rural electricity stability
The head of the National Electrification Administration (NEA) on Wednesday lauded the Independent Electricity Market...
Batangas LNG plants to attain full capacity by May — DoE
THE Department of Energy (DoE) said it expects sufficient power supply during the warm and...
Government maps out potential nuclear sites
MANILA, Philippines — The Marcos administration is assessing several areas across the Philippines, including Bulacan...
DOE: No power outages seen amid summer demand
MANILA, Philippines — No yellow and red alerts are expected during the summer months despite...
MPower renews power supply deal with Toyota car parts maker
MPOWER, the local retail electricity unit of Manila Electric Co. (Meralco), said it has renewed...
SEC signs beneficial ownership data sharing deal with DBM
THE Securities and Exchange Commission (SEC) has signed a data-sharing agreement on beneficial ownership data...
CREIT income up 2% on higher revenue
SAAVEDRA-LED Citicore Energy REIT Corp. (CREIT) posted a net income of P1.43 billion last year,...