Energy
Elevated Labor Day power demand catches NGCP by surprise
The National Grid Corporation of the Philippines (NGCP) miscalculated the demand for power in the Luzon Grid on Wednesday, a holiday, an event that also forced the Energy Regulatory Commission (ERC) to suspend the operations of the Wholesale Electricity Spot Market (WESM).
Meralco targets generating nuclear power via MMRs in four years
The Manila Electric Co. (Meralco) is pursuing a pre-feasibility study with American firm Ultra Safe Nuclear Corp. to develop the technology for a micro-modular reactor the country can use before 2028.
Meralco secures more expensive electricity from WESM due compelling lack of bidders
The Manila Electric Co. (Meralco) is compelled to obtain 260 megawatts of relatively more expensive electricity from the Wholesale Electricity Spot Market (WESM) following a series of failed biddings.
Latest price adjustments still a net increase of P10.25 per liter for gasoline
The various retailers roll back across the board the price of fuel at the pumps beginning midnight Tuesday, 30 April, and only a week following an increase in gasoline prices and a reduction in diesel and kerosene.
Enex Energy still keen on LNG power plant project
Ayala-led oil and gas exploration firm Enex Energy Corp. remains keen on building a liquefied natural gas (LNG)-fired power plant in Batangas but has...
