The Energy Regulatory Commission (ERC) commits to have thoroughly evaluated and resolved the proposed changes to the secondary price cap (SPC) mechanism governing price movements at the Wholesale Electricity Spot Market (WESM).
Listed power distributor Manila Electric Co. said Monday that San Miguel Global Power has submitted on Friday a notice of termination of the 2021 power supply deal covering 1,800 megawatts.
The Department of Energy (DOE) looks to attract as much as 11,610 megawatts (MW) in renewable energy at the second Green Energy Auction (GEA) that will be conducted in June.
Renewable energy developer Alternergy Holdings Corp. is considering the sale green bonds as a separate transaction and on top of its initial public offering (IPO) this month.