Energy & Mining
ERC adopts one plant, one rate policy in formalizing PSAs
The Energy Regulatory Commission (ERC) is embracing the one plant, one rate rule as the basis for the approval of power supply agreements (PSAs) seeking ERC approval.
“Meralco franchise renewal crucial to advance consumer interest”
The Laban Konsyumer Inc. (LKI) has voiced its support for the franchise renewal of Manila Electric Co. (Meralco), saying the power distributor’s continued operation is crucial for the welfare of millions of consumers who depend on its stable and reliable supply of electricity.
Meralco rates likely ease in August
The Manila Electric Co. (Meralco) on Thursday said the cost of electricity at its franchise area will likely fall in August due to lower prices at the Wholesale Electricity Spot Market (WESM).
Nickel Asia board approves P3.06 billion short-term loan to renewable energy unit
Nickel Asia Corp., a diversified resource development company led by the Zamora Group, said Wednesday its board approved a short-term loan to its renewable energy subsidiary, Emerging Power Inc.
ACEN affiliate proposes building 150 MW battery project in Rizal
Ingrid Power Holdings Inc. (IPHI) proposes building a 150-megawatt battery energy storage system (BESS) in Pililla, Rizal costing P6.88 billion, according to documents at the Department of Environment and Natural Resources (DENR).
