Energy & Mining
Electricity charges cheaper in 1Q than in all of 2023
The first three months this year have proven cheaper for consumers than in all of 2023 in terms of electricity cost on account of the structure known as retail competition and open access program or RCOA, the Energy Regulatory Commission (ERC) said.
600-MW Meralco baseload CSP attracts bidders
The Manila Electric Co. (Meralco) said a number of power firms have submitted expressions of interest to supply the power distributor with 600 megawatts worth of baseload capacity that it needs beginning next year.
NPC inaugurates power facilities in Cagayan
The National Power Corp. (NPC) has inaugurated new power facilities in Cagayan seen boosting reliability and power dispatch as well as widen its renewable energy resources.
Retail fuel prices ramp up again this week
Fuel retailers Caltex and Seaoil on Monday announced increasing the price of their gasoline by P1.40 per liter, their diesel by P1.75 per liter and their kerosene by P1.05 per liter starting Tuesday morning.
Reserve electricity operations likely restored in July – ERC
The electricity reserve market, in suspension since March, is seen restored to full commercial operation in July, the Energy Regulatory Commission (ERC) said Monday.
