The Independent Electricity Market Operator of the Philippines (IEMOP) reported falling Wholesale Electricity Spot Market (WESM) prices in Luzon and the Visayas in September, bucking prices reported in Mindanao.
The Energy Development Corp, a First Gen Corp. subsidiary, has signed a 20-megawatt base load supply agreement with the Central Negros Electric Cooperative (Ceneco) in Negros Occidental.
A new set of guidelines covering the competitive selection process (CSP) used in choosing power firms that supply distribution utilities should be out within the week, the Energy Regulatory Commission (ERC) said on Tuesday.
The Manila Electric Co. (Meralco) projects the volume of electricity exported by customers under the net metering system to exceed last year's 20.3 gigawatt hour (GWh) haul.