Energy
WESM prices surge 49% in October on tight supply, higher demand
The average price of electricity at the Wholesale Electricity Spot Market (WESM) soared by 49.4 percent in October, reaching ₱4.54 per kilowatt-hour (kWh) from ₱3.04/kWh in September, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
DOE to auction 170 MW in waste-to-energy projects
The Department of Energy (DOE) plans to hold a special Green Energy Auction (GEA) for 170 megawatts (MW) of waste-to-energy (WTE) capacity, targeting projects to be operational by 2028.
DOE proposes body harmonizing energy projects
The Department of Energy (DOE) is proposing the establishment of a Multiple Energy Resources Committee to strengthen inter-bureau collaboration, enhance accountability, and ensure fair recognition of existing energy contracts.
ERC proposes uniform power subsidy rate to aid low-income consumers
The Energy Regulatory Commission (ERC) is seeking public feedback on its proposed uniform national lifeline subsidy rate and the creation of a national lifeline subsidy fund, which would be managed by the Power Sector Assets and Liabilities Management (PSALM) Corp.
ACEN’s 400-MW solar project in Australia now fully operational
ACEN Corp., the renewable energy arm of Ayala Corp., announced that its Australian subsidiary, ACEN Australia, has achieved full commercial operations for the 400-megawatt (MW) Stubbo Solar project in New South Wales.
