Energy & Mining
Price correction tool at WESM seen resolved in Q3
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).
San Miguel Global terminates power supply deal with Meralco
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.
DOE looks to attract 11,610 MW of renewable energy under GEA 2
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.
Apart from IPO, Alternergy mulls over green bonds sale
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.
DOE seeks OSG guidance on voided South China Sea tripartite agreement
The Department of Energy (DOE) is seeking legal guidance from the Office of the Solicitor General (OSG) after the Supreme Court (SC) ruled as unconstitutional the agreement on joint marine seismic undertaking (JMSU) in the West Philippine Sea.
