Energy & Mining
January Meralco billing seen higher due to increased WESM prices
The cost of electricity within the Manila Electric Co. (Meralco) franchise area is seen higher in January as a result of higher charges imposed by the Wholesale Electricity Sport Market (WESM).
DMCI Holdings power unit get energy sales boost from Palawan operations
DMCI Power Corp., the off-grid power generation unit of listed energy and construction group DMCI Holdings Inc., recorded a 7 percent increase in sales volume in 2023 to 454 gigaWatt-hours.
Consunji group keen on pursuing renewable energy projects
DMCI Holdings Inc. subsidiary DMCI Power Corp. is keen on pursuing a 12-megawatt on-shore wind project in Mindoro and a separate 4-MW solar project in Masbate representing its maiden venture into the renewables sector.
Meralco secures 1,800 MW power agreements via CSP
The Manila Electric Co. (Meralco) has secured the best bids for 1,800 megawatts (MW) worth of supply from three generation companies after the completion of a competitive selection process (CSP) last week.
Unofficial estimates project power consumption rising more than 6% this year
Power consumption across the Philippines is seen rising 6.6 percent this year and requires the production of between 600 to 700 megawatts of new electricity, according to estimates by Aboitiz Power Corp.
